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

Author Question: If you save $80 when you experience a $400 rise in your income (Read 45 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Apr 19, 2019

Question 1

The fraction of a change in income that is consumed or spent is called


◦ the marginal propensity of income.
◦ the marginal propensity to save.
◦ the marginal propensity to consume.
◦ average consumption.

Question 2

If you save $80 when you experience a $400 rise in your income


◦ your 
MPS is 0.25.
◦ your 
MPC is 0.80.
◦ your 
MPC is 0.85.
◦ your 
MPS is 0.40.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tingc95 on Apr 19, 2019

connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


tingc95

  • Member
  • Posts: 556
Reply 2 on: Apr 19, 2019
Excellent

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

save our planet save our planet
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
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: Blood Flow through the Human Heart

For a complete list of videos, visit our video library