Answer:
A. 0.623
Step-by-step explanation:
Hope it helps you in your learning process.
Answer:
31.2
Step-by-step explanation:
Answer:
0.07 < 7/50 < 0.5
Step-by-step explanation:
7/50=0.14
=>0.07<0.14<0.5
Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Answer:
$6.39
Step-by-step explanation:
Just add the cost of everything
3.18 + 1.25 + 1.96 = 6.39
