Answer the questions below:
(A) Suppose your boss fives yau a raise. Ifentify the three categories ar uses amane which yau will divide the \$100. Hont: Da yau get to keep the entire \$100?
(B) Suppose cansumptian increases by 400 when disposable income increases by \$500. What is the marpinal prapensity to camsume (MPC)?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q81: Which of the following statements is true?
A)A
Q82: Income has a strong effect on consumption
Q84: Real GDP and real disposable income behave
Q89: The slope of the 45-degree line
A)equals zero.
B)equals
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents