This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If consumption is 800 when disposable income is 1,000 . the marginal propensity to consume (MPC) ... (Read 38 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 30, 2018
If consumption is 800 when disposable income is 1,000 . the marginal propensity to consume (MPC) must be 0.80.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 30, 2018
Wow, this really help

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library