When disposable income is 3750, the APC is about
A. .3.
B. .45.
C. .6.
D. .75.
D. .75.
Economics
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Explain the relationship between real GDP and aggregate planned expenditure, AE. What change to inventories takes place when the two are not equal?
What will be an ideal response?
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How much is it?
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If goods X and Y are both normal goods for Brenda, then an increase in Brenda's income will lead her to __________
Fill in the blank(s) with correct word
Economics
A payment for the use of an input that exceeds the opportunity cost of the input is known as
A. real interest. B. economic profit. C. economic cost. D. economic rent.
Economics