Answer:
D. Consumption by $80 billion.
Explanation:
Marginal propensity to Save = 1 / MPS
= 1 / 0.2
= 5
= $20 billion × 5
= $100 billion
= $100 - $20
= $80 billion
Therefore, a $20 billion rise in investment spending will increase consumption by $80 billion.
Answer:
D. 14.25
Explanation:
Data provided as per the question below:-
Marginal Propensity to Save = $87.00
Earnings per share = $6.10
The computation of price earning ratio is shown below-
Price earning ratio = Marginal Propensity to Save ÷ Earnings per share
= $87.00 ÷ $6.10
= 14.25
Therefore for computing, the we simply applied the above formula.
Answer:
c. relatively inexpensive, frequently purchased items for which buyers exert only minimal purchasing effort.
Explanation:
Convenience products refer to goods that people buy all the time and without planning or comparing products. These poducts tend to have a low price and are found in many places. Examples of these products are sugar, oil and detergents. According to this, the answer is that convenience products are relatively inexpensive, frequently purchased items for which buyers exert only minimal purchasing effort.
Answer:
It is money that was paid off investment.Hope it helps.
Explanation:
Entrepreneurs often ignore the need for market research, but knowing that your product is commercially viable is the difference between a successful business and a hobby HOPE THIS HELPS :)
