1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga2289 [7]
4 years ago
11

Last year, Linus earned a salary of $25,000 and he spent $24,000, thus saving $1000. At the end of the year, he received a bonus

of $1000 and he spent $500 of it, saving the other $500. What was his marginal propensity to consume?
Business
1 answer:
Evgen [1.6K]4 years ago
8 0

Answer:

0.5

Explanation:

Marginal propensity to consume is the proportion of the increase in disposable income spent on consumption.

Marginal propensity to consume = change in consumption/ increase in disposable income

$500 / $1000 = 0.5

I hope my answer helps you

You might be interested in
Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents Which cou
Lapatulllka [165]

Answer: Carrie's Balance Sheet (January 1, 2021)

Explanation:

The heading of the balance sheet should include as much as possible, the month and year of the balance sheet. It can also include the exact date.

This is done so that the Balance sheet can have a particular reference date such that stakeholders who use the balance sheet can know relate the financial performance of the company as of a certain day which would enable for better analysis.

8 0
3 years ago
Read 2 more answers
Receiving provides 12,000 receiving hours and costs $60,000 per year. What is the activity rate for receiving?
Vsevolod [243]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Receiving provides 12,000 receiving hours and costs $60,000 per year.

Estimated manufacturing overhead rate= 60,000/12,000= $5 per hour

7 0
4 years ago
Temporary investmentsa. are reported as current assetsb. include cash equivalentsc. do not include equity securitiesd. All of th
gulaghasi [49]

Answer:

D. All of the above

Explanation:

Temporary investments are investments carried out by owners of funds that wants to earn interest from their excess funds that is only available for a short term. The owners of such fund prefer to earn little interest by investing in near cash or cash equivalent investment instead of leaving his fund in an interest-free condition. Example of temporary investment is certificate of deposit and some fixed deposits instrument available for the short term.

Temporary investments are reported as current assets in the balance sheet of a business.

5 0
3 years ago
Mr. Alvarez's simple interest savings account currently has a balance of $12,500. He earns 6% Interest annually. Calculate his b
nata0808 [166]

Answer:

A $13,250.00

Explanation:

The formula for calculating balance at the end of a period using simple interest is as below.

A = P(1+rt)

A =  final amount

 P=  principal amount which is $12500

 r=  interest rate 6% or 0.06

t =  time which is 1 year

A = $12,500(1+0.06 x 1)

A = $12500 x1.06 x 1

=$12500 x 1.06

=$13,250

4 0
3 years ago
Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely intereste
Gennadij [26K]

Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in bioethics.

<h3>What is Mercy killing?</h3>

This is the type of killing that is intended to help  a person to ease out of their suffering and their pains by facilitating their death through the use of a lethal injection or by other means. This could be due to the fact that  a person is suffering from an incurable disease and has made a request for this.

Bio ethics is everything that has to do with this type of killing. It has to do with the legal and the social issues that may arise in the medical and the biological field.

Read more on bioethics here: brainly.com/question/14446674

#SPJ1

5 0
2 years ago
Other questions:
  • Which of the following costs is a mixed cost? a. straight-line depreciation on factory equipment b. electricity costs of $3 per
    5·1 answer
  • True or false, mind mapping serves as a powerful tool to assist in decision making
    10·2 answers
  • A complete journal entry does not show the new balance in the accounts affected by the transaction. the accounts and amounts to
    6·1 answer
  • Curfew is an example of a workplace policy. <br> True<br> False
    15·2 answers
  • When the Fed announces that it is raising interest rates, this signals its intention to _______ bonds in the open market and ___
    9·1 answer
  • You have just read a news story about a wealthy nation invading a poor nation after the discovery of massive oil deposits in the
    5·1 answer
  • Movie studios use market research to reduce their risk of losses by hiring firms such as the National Research Group to conduct
    10·1 answer
  • Ms. Liu shares her web data with you, which shows that she has an average of 500 daily page views during the weekdays, and an av
    6·1 answer
  • If a country is having more exports than imports in value terms, it can be said that the country is having:-
    6·1 answer
  • Give one example of a company that is allowed to sale shares to the public​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!