Which of the following is not true of a budget
2 answers:
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Answer:
20m/s due east
Explanation:
Given parameters:
Displacement = 180m due east
Time taken = 9s
Unknown:
Average velocity of the truck = ?
Solution:
The average velocity is the displacement divided by the time taken;
Average velocity =
Insert the parameters and solve;
Average velocity = = 20m/s due east
Answer:
The correct answer is: 2,000; 0.4
Explanation:
We can write the initial consumption function as,
C = a + bY
8,000 = a + 10,000b
a = 8,000 - 10,000b
The new consumption function is,
14,000 = a + 20,000b
Putting value of a in this function
14,000 = 8,000 - 10,000b + 20,000b
14,000 - 8,000 = 10,000b
b =
b = 0.6
Putting the value of b in the initial function,
8,000 = a + 10,000 0.6
a = 8,000 - 6,000
a = $2,000
The marginal propensity to consume or b is 0.6.
The marginal propensity to save will be
= 1 - 0.6
= 0.4