Answer: The marginal propensity to consume (MPC) in the given equation is 0.5.
The formula above is in slope intercept form. The MPC is like the slope of the equation. It gives the change in consumption, C, over the change in income, Y.
For example, if we let Y = 1, then the consumption will go from 200 to 200.5. It was a change of 0.5 over 1. Or just 0.5.
Answer:
a) what is the five
Step-by-step explanation:
just read and finde the answer to win points
Answer:
4 units a minute
Step-by-step explanation:
34 to -34 is 68 units. Divided by 17 is 4, therefore 4 units in 1 minute.
1) A
2)C
Constant is cost that can’t be changed so would be materials.
Coefficient is affected by something else, in this case, number of hours since cost per hour is 30.
Hope this helps!
I don't know if you still need help with this, but the answer is exact interest and he saves $1.34.