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

Author Question: If consumption is $10,000 when income is $10,000, and consumption increases to $11,000 when income ... (Read 114 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Apr 19, 2019

Question 1

If consumption is $30,000 when income is $35,000, and consumption increases to $36,000 when income increases to $43,000, the 
MPC is


◦ 0.65.
◦ 0.75.
◦ 0.80.
◦ 0.95.

Question 2

If consumption is $10,000 when income is $10,000, and consumption increases to $11,000 when income increases to $12,000, the 
MPS is


◦ 0.10.
◦ 0.25.
◦ 0.50.
◦ 0.90.
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 Marty on Apr 19, 2019

rnehls

  • Sr. Member
  • ****
  • Posts: 313
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


Marty

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Apr 19, 2019
TY


rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Species richness increases with island size. Species richness increases with island size.
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ... Mechanism of action of anti-parkinson drugs. (a) Levodopa therapy increases dopamine production; (b) ...
Globalized Consumption Globalized Consumption
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library