Everything else held constant, if consumption expenditure falls by 160 when disposable income falls by 200, the mpc is
A) 0.
B) 0.2.
C) 0.4.
D) 0.8.
D
Economics
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Suppose a market is in equilibrium. If a price ceiling is set by the government below the equilibrium price, which of the following is most likely to occur?
Economics
Effective protection will be greater if, all else equal,
a. imported inputs are a small percentage of the final product b. tariffs on imported inputs are high c. tariffs on the final product are low d. quotas are added to tariffs on imported inputs e. none of the above
Economics
What is the best response of Vendor B to Vendor A pricing high?
a. Also price high b. Price low c. Leave the market d. All of the above
Economics
Actual investment spending does not include
What will be an ideal response?
Economics