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

Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveIf the marginal propensity to ... (Read 84 times)

jmoore1989

  • Full Member
  • ***
  • Posts: 139
on: Nov 23, 2022

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.80, then a $10 million increase in disposable income will increase saving by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $2
◦ $8
◦ $12.5
◦ $10

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to save (MPS) is 0.20, then a $100 million increase in disposable income will increase consumption by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $100
◦ $80
◦ $20
◦ $125
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jmoore1989 on Nov 23, 2022

psuniv

  • Full Member
  • ***
  • Posts: 152
Reply #1 on: Nov 23, 2022
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 29% of students answer this correctly


jmoore1989

  • Member
  • Posts: 139
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Video: The Nerve Impulse

For a complete list of videos, visit our video library