Based on the marginal propensity to save, MPS , the national income will increase by a maximum of $20 billion.
<h3>What is marginal propensity to save?</h3>
Marginal propensity to save (MPS) is a measure of how savings will change, given a change in income.
Marginal propensity to save is related to marginal propensity to consume, MPC by the formula:
Grom the given value of MPS,
MPC = 1 - 0.25
Therefore, MPC = 0.75
Also, the formula for calculating marginal propensity to consume is given as:
- Marginal propensity, MPC = ΔC/ΔY
Where:
- ΔC is a change in consumption
- ΔY is a change in income
ΔY = ΔC/MPC
ΔY = $15 billion/0.75
ΔY = $20 billion
Therefore, the national income will increase by a maximum of $20 billion.
Learn more about marginal propensity to save at: brainly.com/question/18521055
The structure and shape of each type of human cell depends on what function it will perform in the body. For example, red blood cells (RBCs) are very small, flat discs, which allows them to easily fit through narrow capillaries and around sharp corners in the circulatory system to deliver oxygen throughout the body.
The elongated shape of muscle cells allows the contraction proteins to line up in an overlapping pattern that makes muscle flexing possible.
And human sperm cells’ structures allow them to “swim” long distances to reach an egg for fertilization
Asexual reproduction because cells divide through the process of meiosis which sexual reproduction.
If I were given a tube of water, dopa, ppo but with no
presence of buffer, there will be a color change. But if you were to give me
the following with a presence of buffer, then there will be no color changing occurred.
