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

Author Question: If the MPSis 0.22, the MPCis (Read 35 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
on: Apr 19, 2019

Question 1

Suppose consumption is $60,000 when income is $90,000 and the 
MPS equals 0.25. When income increases to $100,000, consumption is


◦ $90,250.
◦ $85,000.
◦ $70,000.
◦ $67,500.

Question 2

If the 
MPS is 0.22, the 
MPC is


◦ -0.22.
◦ 0.66.
◦ 0.78.
◦ 1.22.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
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



sammy

  • Hero Member
  • *****
  • Posts: 818
Reply #2 on: Apr 19, 2019
Excellent



katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Apr 19, 2019
Great! Please up vote :D



 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library