Solved

Assume That in a Particular Economy the MPC = 0

Question 105

Multiple Choice

Assume that in a particular economy the MPC = 0.64 and the MPM = 0.14.
-Refer to the information above to answer this question.What is the value of the marginal propensity to expend?


A) 0.46
B) 0.50
C) 0.78
D) 0.86

Correct Answer:

verifed

Verified

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

Related Questions

Q100: The following data refers to a national

Q101: All of the following,except one,are true statements

Q102: What is not a determinant of the

Q103: Which of the following variables in the

Q104: The budget function for the economy of

Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q107: The following data refers to a national

Q108: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the

Q109: Assume that the parameters of a particular

Q110: If the marginal tax rate increases,then the