Solved

In Macronesia, the MPC Is Approximately

Question 66

Multiple Choice

In Macronesia, the MPC is approximately .80.If disposable income changes from 1,000 billion pukas to 1,500 billion pukas, then consumption will change by a(n)


A) decrease of 500 billion pukas.
B) increase of 500 billion pukas.
C) increase of 400 billion pukas.
D) increase of 800 billion pukas.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q38: If an economist wants to make a

Q40: If real disposable income is $300 billion

Q62: Which of the following will most likely

Q63: Gross private domestic investment in the United

Q69: The purchase of a new house is

Q70: Why do permanent tax cuts have a

Q71: The most volatile part of wealth is:<br>A)​transfer

Q136: The majority of payments made by the

Q160: If U.S.consumers become more optimistic about their

Q194: Consumer spending is an injection in the