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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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5 votes
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

User Dan Gayle
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2 Answers

6 votes
B. $8,000, because you replace the 8 with the 10 and that's how you get $8,000.
User Eddy Liu
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5.2k points
4 votes
I believe it's B.8,000
User Michael Iles
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5.6k points
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