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olga nikolaevna [1]
4 years ago
14

If consumer income increases by $100 million in the united states and the mpc is .6, by how much will consumption increase?

Business
1 answer:
Sonja [21]4 years ago
3 0
<span>The marginal propensity to consume (MPC) is a measure of the proportion of extra income that will be spent on consumption. If an individual receives an extra $100 and spends $60 on consumption then the person’s MPC is 0.60. If consumer income in the United States increases by $100 million and the MPC is 0.60 consumption in the US will increase by $60 million.</span>
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Answer:

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Explanation:

CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance their satisfaction.

CRM means collecting information about the customer for the purpose of improving their future experience.

3 0
3 years ago
Read 2 more answers
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gayaneshka [121]

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7 0
3 years ago
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Harrizon [31]

Answer:

yes

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5 0
3 years ago
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Ymorist [56]

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Explanation:

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4 years ago
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Vilka [71]
The yield of maturity for this bond is "8.4 percent".
We can calculate this in the following way;
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=(60 + 20) / (950)
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= 8.4 percent</span>
8 0
3 years ago
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