If your disposable income increases from $10,000 to $15,000 and your consumption increases from $9,000 to $12,000, your marginal propensity to consume is:
A.0.8
B.0.6
C.0.4
D.0.2
B. 0.6
Economics
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Answer the following statement true (T) or false (F)
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Firms pay efficiency wages because these wages:
A. increase worker productivity. B. maximize short-run profits. C. increase worker rivalry. D. minimize short-run costs.
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Which is a determinant of demand?
a. Production costs b. Technology c. Amount of economic resources d. Number of buyers
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If an investor owns a well-diversified portfolio, then:
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