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Shalnov [3]
2 years ago
10

1a. Suppose that, if their income rises by $100, all households in Normalia raise their spending by $80.

Business
1 answer:
Mila [183]2 years ago
4 0

Answer:

0.2

0.8

40

2

2000

Explanation:

Marginal propensity to consume is the proportion of disposable income that is spent on consumption

Marginal propensity to consume = amount consumed / disposable income

Marginal propensity to save is the proportion of disposable income that is saved

Marginal propensity to save = amount saved / disposable income

MPC + MPS = 1

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2 years ago
When early settlers needed to buy farming equipment and supplies, they often would use the milk, eggs, and crops their farms pro
Tasya [4]

Answer:

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3 0
3 years ago
Complete the right half of the following equation to reflect the labor force participation rate reported by the BLS.
geniusboy [140]

Answer:

B. 60%

Explanation:

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3 0
2 years ago
Identify which of the following microeconomic topics can have an impact on macroeconomic topics?
Anestetic [448]

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It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.

The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".

This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.

8 0
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svetlana [45]

Answer:

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Explanation:

8 0
2 years ago
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