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

Author Question: If your disposable personal income increases from 30,000 to 40,000 and your savings increases from ... (Read 74 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
on: Jun 30, 2018
If your disposable personal income increases from 30,000 to 40,000 and your savings increases from 2,000 to 4,000 . your marginal propensity to save (MPS) is:
 a. 0.2.
  b. 0.4.
  c. 0.5.
  d. 0.8.
  e. 1.0.

Question 2

Which of the following statements is true?
 a. The national debt as a percentage of GDP is greater today than during any other period in our nation's history.
  b. A sizeable external national debt will transfer purchasing power away from foreigners to domestic citizens.
  c. Keynesian theory assumes a total crowding out effect associated with deficit spending.
  d. U.S. national debt is 12 times its size in 1980.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Gracias!

ebonylittles

  • Member
  • Posts: 318
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Infant mortality by income quintile, urban Canada, 1996 Infant mortality by income quintile, urban Canada, 1996
E9-23 Prepare income statements Explain the difference in operating income E9-23 Prepare income statements Explain the difference in operating income
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library