menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Business
  4. Exam
    Exam 29: Business Activity, Employment and Inflation
  5. Question
    Explain Why, in a Two- Sector Economy, the MPC and the MPS
Solved

Explain Why, in a Two- Sector Economy, the MPC and the MPS

Question 176

Question 176

Essay

Explain why, in a two- sector economy, the MPC and the MPS must sum to one.

Correct Answer:

verifed

Verified

The MPS and the MPC must sum t...

View Answer

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

Related Questions

Q171: The theory of adaptive expectations suggests that

Q172: If there is a feedback loop (injections

Q173: If expectations are formed rationally, the government

Q174: An increase in inflationary expectations shifts the

Q175: Which of the following would not raise

Q177: Keynesians explain cyclical fluctuations in growth in

Q178: One reason why inflation targeting is likely

Q179: If the aggregate supply curve is vertical

Q180: Monetarists and Keynesians disagree over the nature

Q181: Rational expectations refers to expectations based on

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines