1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sammy [17]
3 years ago
15

A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury,

while putting the remaining $30 into retirement savings. Based on this decision, calculate the worker's marginal propensity to consume, or MPC, as a decimal. Click or tap the numbers or use your keyboard to type. If you're not sure, just take a guess.
Business
1 answer:
musickatia [10]3 years ago
6 0

Answer:

MPC = 0.75

Explanation:

Marginal Propensity to Consume (MPC) is a part of Keynesian macroeconomic theory and is calculated by the change in consumption divided by the change in income. It quantifies the increased consumption which occurs with an increase in disposable income

MPC = \frac{/Δconsumption}{/Δincome}

MPC = \frac{90}{120}

MPC = 0.75

You might be interested in
One of the reasons the apple ii computer was popular was that ________.
Svet_ta [14]
One of the reasons why the Apple II computer was popular and known to the people was that the "operating system of this computer was stored in the ROM or Read-Only Memory". It is developed with advanced utilities and also the first multi-touch wireless mouse was also being developed by Apple company. Other reasons, why people choose Apple II computer over the other brand was that its durability and uniqueness. But this computer is much expensive compared to other known brands but still, people keep patronizing the apple II computer product.
4 0
3 years ago
the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start
artcher [175]

The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.

To know more about Friedman click below:

brainly.com/question/6803976

#SPJ4

3 0
1 year ago
Which neighborhood quality of life issue is most affected by the overuse of alcohol?
WITCHER [35]

Neighborhood quality of life issue is most affected by the overuse of alcohol unemployment, poverty, poor family integration, and high residential mobility are known to contribute to a greater risk of alcohol problems.

Alcohol interferes with the mind's conversation pathways and might affect the manner the brain seems and works. those disruptions can trade mood and conduct, and make it harder to assume virtually and circulate with coordination.

Alcohol has massive poisonous consequences on the digestive- and cardiovascular structures. Alcoholic drinks are classified as carcinogenic by the global organization for research on most cancers and boom the threat of several cancer types.

To lessen the chance of damage from alcohol-associated sickness or harm, healthy men and women should drink no more than 10 general liquids every week and no extra than 4 standard liquids on any person's day.

Learn more about alcohol here:

brainly.com/question/947751

#SPJ9

6 0
2 years ago
In 2009, __________ of all pedestrian fatalities were caused by impaired drivers.
Goshia [24]
Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.
8 0
4 years ago
Read 2 more answers
How can the company that purchased the mine better approach the situation?
ddd [48]

The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.

In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights,  pollution,  and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.

That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.

To know more about Tintaya copper mine here:

brainly.com/question/11045973

#SPJ4

5 0
2 years ago
Other questions:
  • The netcraft secure server survey in 2013 indicated an increase of _____ the number of websites it reported in 2010.
    14·1 answer
  • Which of the following statements is definitely true when price is less than average total cost for a firm producing the profit-
    8·1 answer
  • nventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventor
    8·2 answers
  • Van has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
    12·1 answer
  • CPA-79690 (F-09-04: Transactions and Events: Part 2)The city of Curtain had the following interfund transactions during the mont
    13·1 answer
  • The additional benefit of producing one more roast beef sandwich at a local deli is $2. The additional cost of producing one mor
    15·1 answer
  • Monroe Corporation manufactures modern and antique clocks. Monroe's total overhead costs consist of assembly costs and inspectio
    14·1 answer
  • At age 37 you start saving for retirement if your investment plan pays an APR of 6% and you want to have $.09 million when you r
    14·1 answer
  • Case 6.1 Demand for Gas Guzzlers
    11·1 answer
  • What form of capital will be obtained by Transnet​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!