This topic contains a solution. Click here to go to the answer

Author Question: Autonomous consumption is 700 and the marginal propensity to consume is 0.6. Calculate the average ... (Read 73 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Autonomous consumption is 700 and the marginal propensity to consume is 0.6. Calculate the average propensity to save when disposable income is (a) 10,000, (b) 12,000, and (c) 15,000.
 
  What will be an ideal response?

Question 2

The coordination failure model is based on the possibility of increasing returns to scale
 
  A) both at the aggregate level and at the level of the individual firm.
  B) at the aggregate level, but not at the level of the individual firm.
  C) at the level of the individual firm, but not at the aggregate level.
  D) in future periods, but not in the current period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

(a) 0.33; (b) 0.342; (c) 0.353

Answer to Question 2

B




yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library