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

Author Question: If consumption is $10,000 when income is $10,000, and consumption increases to $11,000 when income ... (Read 93 times)

Marty

  • Hero Member
  • *****
  • Posts: 553

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.


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
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





 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library