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:
Grom the given value of MPS,
MPC = 1 - 0.25
Therefore, MPC = 0.75
Also, the formula for calculating marginal propensity to consume is given as:
- Marginal propensity, MPC = ΔC/ΔY
Where:
- ΔC is a change in consumption
- ΔY is a change in income
ΔY = ΔC/MPC
ΔY = $15 billion/0.75
ΔY = $20 billion
Therefore, the national income will increase by a maximum of $20 billion.
Learn more about marginal propensity to save at: brainly.com/question/18521055
Answer:
D. Because science only uses facts that are proven 100% true through the use of variables.
Explanation:
All the knowledge we read is science books are not merely some observed facts but the result of a systematic scientific methodology through which facts are tested. Science only gives us that knowledge as facts which is proven 100% true through the use of variables.For example: if a scientist has studied the effect of salt stress on the growth of plants and he got the results in form of graphs which show that growth of salt treated plants in very less than normal plants. Then he needs to draw conclusion after consulting relevant previous experiments and say that salt stress hinders growth and why? with reasonable logic.
Variables are the things hat he changes like environmental conditions in previous example to see that in changed conditions plant is showing changed behavior. This way a scientist strengthens his results. Therefore, we can say that whatever knowledge we get through science is proven 100% true through the use of variables.
Hope it helps!
Answer:
Durable
Explanation:
Durable because the listed category of goods can be kept for a long period of time .
