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The Marginal Propensity to Consume is how much you spend for every dollar your income increases. How much money is spent if MPC is .8 and you have a $10,000 raise? A. $80 B. $8,…
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The Marginal Propensity to Consume is how much you spend for every dollar your income increases. How much money is spent if MPC is .8 and you have a $10,000 raise? A. $80 B. $8,…
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Dec 26, 2018
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The Marginal Propensity to Consume is how much you spend for every dollar your income increases. How much money is spent if MPC is .8 and you have a $10,000 raise?
A. $80
B. $8,000
C. $800
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Dan Gayle
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B. $8,000,
because you replace the 8 with the 10 and that's how you get $8,000.
Eddy Liu
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Dec 29, 2018
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Eddy Liu
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I believe it's B.8,000
Michael Iles
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Jan 1, 2019
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