Jacob's consumption increased by <u>$12,000</u>.
<h3>What is the marginal propensity to consume?</h3>
The marginal propensity to consume is defined as the proportion of an increase in income that a consumer consumes instead of saving.
<h3>Data and Calculations:</h3>
Amount of disposal income in 2019 = $30,000
Amount of consumption in 2019 = $20,000
Increased disposal income = $40,000
Marginal propensity to consume = 0.8
Increase in consumption = $12,000 ($40,000 x 0.8 - $20,000)
Thus, Jacob's consumption increased by <u>$12,000</u>.
Learn more about marginal propensity to consume at brainly.com/question/17930875
Hamilton wanted to build the first national bank and Jefferson wanted to not build a bank because of debts they had to still pay back.
Answer: first of all, the world NEVER existed for 100 millions years, billions, it never did. You might be shocked but the world exists only for 6,000 and a half years. If the world existed for millions of years than we would only see technology everywhere and we would have a terrible climate change, air pollution, we would have dust everywhere, tsunami's, earthquakes etc. I'm getting this according to the bible
Explanation:
Answer:
The correct answer is A
Explanation:
Because patriots wanted nothing to do with england
Meanwhile loyalists didn't want to split because they felt like they needed England.
I hope this helps
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