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Author Question: If Earl received an $800 bonus and his MPSis 0.25, his consumption rises by $________ and his saving ... (Read 27 times)

awywial

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Question 1

If you earn an additional $200 in disposable income one week for feeding your neighbor's ferret


◦ the total of your consumption and saving will increase by more than $200.
◦ the total of your consumption and saving will increase by $200.
◦ the total of your consumption and saving will increase by less than $200.
◦ your consumption will increase by more than $200, even if your 
MPS is 0.1.

Question 2

If Earl received an $800 bonus and his 
MPS is 0.25, his consumption rises by $________ and his saving rises by $________.


◦ 825; 125
◦ 600; 200
◦ 400; 250
◦ 800; 250


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Marked as best answer by awywial on Apr 19, 2019

kmb352

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