Question

you receive a promotion at work and after taxes your disposable income increases by $10,000. you put $2,000 of that into a savings account. what is your mpc?

Answer 1

2%

Step-by-step explanation:

MPC=C/Y

C=2,000

Y=10,000

MPC=2000÷10000

MPC=2/10

MPC=0.2

MPC=2%