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

Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveConsumptionDisposable ... (Read 90 times)

billyboy7272

  • Full Member
  • ***
  • Posts: 149

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to save (MPS) is 0.05, then a $60 million decrease in disposable income will decrease saving by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $60
◦ $63.16
◦ $57
◦ $3

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save


ConsumptionDisposable Income
$500$950
8001200
11001450
Given the data in the table, the marginal propensity to consume (MPC) is ________. (Round to the nearest hundredth.)
◦ 0.76
◦ 0.83
◦ 1.20
◦ 0.32


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by billyboy7272 on Nov 23, 2022

aublw

  • Full Member
  • ***
  • Posts: 168
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




billyboy7272

  • Member
  • Posts: 149
Reply 2 on: Nov 23, 2022
Excellent


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library