answer

watching

views

ultramarinehound607Lv1

28 Sep 2019

1' Precisely how do the MPC and the APC differ?

2' How does the MPC differ from the MPS?

3' Why must the sum of the MPC and the MPS equal 1?

answer

watching

246

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Ritu KharbLv5

28 Sep 2019

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

The first row is the entrance slip question
2. Complete the following table:
Level of Output and Income (GDP = DI Consumption Saving APC APS MPC MPS
(A) $240 $ $-4
(B) 260 0
(C) 280 4
(D) 300 8
(E) 320 12
(F) 340 16
(G) 360 20
(H) 380 24
(I) 400 28

emeralddog620

The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals

a. 1.

b. 0.

c. the interest rate.

d. the marginal propensity to invest (MPI).

coralhare801

The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals:

a. 1

b. 0

c. the interest rate

d. the marginal propensity to invest (MPI)

orchidtoad448

Weekly leaderboard

Home

Homework Help 3,900,000

Economics 400,000

1' Precisely how do the MPC and the APC differ?

2' How does the MPC differ from the MPS?

3' Why must the sum of the MPC and the MPS equal 1?

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Weekly leaderboard

1' Precisely how do the MPC and the APC differ? 2' How does the MPC differ from the MPS?3' Why must the sum of the MPC and the MPS equal 1?

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Weekly leaderboard

1' Precisely how do the MPC and the APC differ?

2' How does the MPC differ from the MPS?

3' Why must the sum of the MPC and the MPS equal 1?