chynawalker5335 chynawalker5335

22-11-2017
Business

contestada

Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. the value of the mpc is

Respuesta :

01-12-2017

The marginal propensity to consume (MPC) is the the change in consumption divided by change in income. Where change in in consumption = $50B and change in income = $200B. So we have 50/200 =1/4 = 0.25. So the MPC is $250M

Answer Link

Otras preguntas

Blenheim palace in oxfordshire was financed by the british crown as ____________.

Which of Newton's laws accounts for the following statement? "A force is required to cause motion to deviate from a straight line." First, second, or third law

Roger served 5/8 pound of crackers, which was 2/3 of the entire box. What was the weight of he crackers oringally in the box?

Tan20+tan40+tan60+......+tan180=?

How much money did a roman gladiator make?

what type of energy is responsible for photosynthesis

How did Adolf Hitler come to power in Germany

"After the red round eye of the sun had stared at the little plain and its burden, darkness, a sable mercy, came heavily upon it, and the wan hands of the dead

What are THREE ways the Legislative Branch check on the Executive branch?

Plzz answer the question.