B) $64 add it up
5x8=40
3x8=24
40+24=64
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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- The population being all iPhone 4 users is True
- The 2% denote the sample statistic.
<h3>Sample statistic</h3>
This refers to the figures which are computed through the available data for
an item. Examples include:
The population being all iphone 4 user is true because it is the item that has
the data provided and is being talked
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Answer:grants
Explanation:because why would you pay off a grant
Answer:
Generic drugs tend to cost less than their brand-name counterparts because generic drug applicants do not have to repeat animal and clinical (human) studies that were required of the brand-name medicines to demonstrate safety and effectiveness.
Generic pharmaceuticals are significantly cheaper than name brand ones because generic pharmaceuticals are not protected by patent law, so the lack of barriers to entry and increased competition keep prices down.
Also, the makers of generic drugs do not have to cover the cost of developing and marketing a new product.
