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docker41 [41]
3 years ago
14

If a person's cerebellum were damaged in an accident, you would expect that person to have problems with:

Biology
1 answer:
Alla [95]3 years ago
5 0
Balance and muscle coordination
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If the marginal propensity to save is 0.25, a $15 billion increase in government spending will lead to an increase in national i
Greeley [361]

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:

  • MPS + MPC = 1

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Therefore, MPC = 0.75

Also, the formula for calculating marginal propensity to consume is given as:

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  • ΔY is a change in income

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Therefore, the national income will increase by a maximum of $20 billion.

Learn more about marginal propensity to save at: brainly.com/question/18521055

4 0
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