(Table) The following table shows data for an employee. The employee was hired at $500 per week and then got a raise to $550. Suppose the worker gets an additional $20 per week raise. How much of that extra $20 is saved and how much is spent? What is the marginal propensity to consume?

Question

(Table) The following table shows data for an employee.  The employee was hired at $500 per week and then got a raise to $550. Suppose the worker gets an additional $20 per week raise. How much of that extra $20 is saved and how much is spent? What is the marginal propensity to consume?

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The Answer of (Table) The following table shows data for an employee.  The employee was hired at $500 per week and then got a raise to $550. Suppose the worker gets an additional $20 per week raise. How much of that extra $20 is saved and how much is spent? What is the marginal propensity to consume?

(Table) the Following Table Shows Data for an Employee