If the MPC is 0.75, then the MPS is
A. 1.25.
B. 0.25.
C. 1.39.
D. cannot be determined without more information.
Answer: B
You might also like to view...
The European Union antitrust law focuses on which of the following?
A) efficiency B) furthering the social interest C) fairness D) the means to monopolize a market
Using the information in the table shown, what can be said about the rate of inflation?
A. Deflation occurred before 2007, then inflation occurred.
B. Deflation occurred until 2009, then inflation occurred.
C. Inflation occurred every year from 2005 to 2009.
D. Inflation was the largest from 2005 to 2006.
Use the following table to answer the next question. Gross Investment$172 billionNet Foreign Income$18 billionIndirect Business Taxes$15 billionRent Net Exports-$96 billionDepreciation (Capital Consumption)$145 billionGovernment Purchases$188 billionWages$763 billionProfits and Losses$90 billionConsumption$895 billionInterest$74 billionWhat is the value of rent?
A. $1,141 billion B. $54 billion C. $2,264 billion D. $90 billion
Refer to the information provided in Figure 13.4 below to answer the question(s) that follow. Figure 13.4Refer to Figure 13.4. If this firm is producing the profit-maximizing quantity and selling it at the profit-maximizing price, the firm's profit will be
A. $0. B. $88. C. $154. D. $242.