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I don't know how to do this can anybody show how to do this problem?
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I don't know how to do this can anybody show how to do this problem?

I don't know how to do this can anybody show how to do this problem?-example-1
User Rahul Shukla
by
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1 Answer

4 votes

Answer:

A. $300

Step-by-step explanation:

Increase in consumption = MPC * increase in income

= 0.6 * 500

= $300

mpc = marginal propensity to consume

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User Sonia
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