MPC stands for "marginal propensity to consume," which refers to a rise in consumer spending for every unit of income level achieved.
Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
Spending multiplier = Increase in income level for each unit increase in autonomous spending = 1/(1-MPC) = 1/MPS Spending multiplier = Increase in income level for each unit increase in autonomous expenditure. This is further explained below.
<h3>What is a multiplier?</h3>
Generally, the amount by which the return on investment is greater than the investment itself is referred to as the investment's return on investment (ROI).
In conclusion, Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
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Answer:
The pressure exerted on the table due to the book is 200 N/m².
Explanation:
The pressure exerted on the table due to the book is 200 N/m².
The given parameters;
mass of the book, m = 400 g = 0.4 kg
dimension of the table, = 0.10m x 0.20 m.
gravitational field strength g = 10 N/kg.
The area of the table is calculated as follows;
A = 0.1 x 0.2 = 0.02 m²
The pressure exerted on the table due to the book is calculated as follows; where;
F is the force of the book due to its weight
Thus, the pressure exerted on the table due to the book is 200 N/m².
Paying unemployment is not a benefit, but a legal necessity.
health insurance is a benefit
