If your disposable personal income increases from $30,000 to $40,000 and your savings increases from $2,000 to $4,000, your marginal propensity to save (MPS) is:
A) 0.2.
B) 0.4.
C) 0.5.
D) 0.8.
E) 1.0.
Correct Answer:
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Q102: If the marginal propensity to consume =
Q103: As shown in Exhibit 8-2, dissaving occurs:
A)at
Q104: Exhibit 8-2 Consumption function Q105: As shown in Exhibit 8-2, the break-even Q106: As shown in Exhibit 8-2, the 45 Q108: The relationship between MPC and MPS is: Q109: The marginal propensity to save (MPS)is computed Q110: Exhibit 8-2 Consumption function Q111: The marginal propensity to save is: Q112: Exhibit 8-3 Consumption Function 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
A)1
A)the change