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xeze [42]
2 years ago
15

A decrease in supply will cause the largest increase in price when

Business
1 answer:
snow_lady [41]2 years ago
3 0
Demand is at its peak
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Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respec
Jobisdone [24]

Answer:

MPC = 0.8

MPC = 0.2

Explanation:

Marginal propensity to consume is the proportion of an increase in income that is spent on consumption.

Marginal propensity to consume = increase in consumption / increase in disposable income

Marginal propensity to save is the proportion of an increase in income that is saved.

Marginal propensity to save = increase in savings / increase in disposable income

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2 years ago
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How is productivity calculated
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3 years ago
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Which of the following represent features of evidence-based practice?
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all of the above

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