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
Diffusion<span> is a spontaneous movement of particles from an area of high concentration to an area of low concentration. ... </span>Osmosis<span> is the spontaneous net movement of water across a semipermeable membrane from a region of low solute concentration to a more concentrated solution, up a concentration gradient.
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The answer to this question is b carpel that's the answer
All science involves observation.
Answer:
c. switching from beef to soy
Explanation:
Switching from beef to soy shall lead to the curbing of lifestyle diseases such as obesity.
At the same time, soy shall provide the nutrients that were needed by the body and could be obtained from beef.
Beef is much expensive compared to beef, thereby, there shall be experienced low expenditure compared to beef.
Therefore the switching from soy to beef shall be a more sustainable food system.