Answer:
0.2
Explanation:
Data provided in the question
Marginal propensity to consume (MPC) = 0.80
Based on the given information, the marginal propensity to save is
As we know that
Marginal propensity to consume (MPC) + Marginal propensity to save (MPS) = 1
where,
Marginal propensity to consume (MPC) is 0.8
So, the marginal propensity to save is
= 1 - 0.8
= 0.2
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Answer:
Disability insurance is insurance against the loss of income.
Explanation:
Answer:
A. demand for labor; minimum wage
Explanation:
When an effective minimum wage is introduced, the number of hours of labor employed is determined by the <u>DEMAND FOR LABOR</u> and the <u>MINIMUM WAGE</u>
Answer:
d. corporation
Explanation:
A corporation raises its capital by issue of stocks and Stockholders that subscribe for these shares will in turn receive their return in form of dividends.
Partnerships, government entities and sole proprietorship do not raise capital by issuance of stocks.