Log in
Economics
4
answers
0
watching
109
views
14 Jan 2018

  1. Disposable income is 200, consumption is 240.When disposable income increases to 300, consumption is 316, consumption is 316.What is the marginal propensity to consume?(round to the hundredth place

Watch
4
answers
0
watching
109
views

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

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share
Already have an account? Log in
Share
Already have an account? Log in
Share
Tod Thiel
Tod ThielLv2
16 Jan 2018
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Consumption equals $32,000 when disposable income equals $40,000. Consumption increases to $38,000 when disposable income increases to $50,000. What is the marginal propensity to consume? The marginal propensity to save?

Consumption equals $32000 when the disposable income equals $40000.Consumption increases to $38000 when the disposable income increases to $50 000.

1. What is the marginal propensity to consume?

2. What is the marginal propensity to save?

When disposable income increases from​ $400 billion to​ $500 billion, consumption expenditure increases from $450 billion to $525. What is the marginal propensity to consume, the change in saving, and the marginal propensity to save?

The marginal propensity to consume is ....

When disposable income increases from $400 billion to $500 billion, saving increases by ............billion.

The marginal propensity to save is ..........

Β 

Related Documents

ECON 110 Chapter Notes - Chapter 21: Disposable And Discretionary Income, Expenditure Function, Real Interest Rate
pinkantelope920
ECO100Y5 Chapter Notes - Chapter 11: Consumption Function, Inventory Investment, Keynesian Cross
cyansnail468
ECON 110 Chapter Notes - Chapter 21: National Income And Product Accounts, Expenditure Function, Consumption Function
violetseal614

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in