Solved

Which of the Following Changes in Disposable Income Would Lead

Question 30

Multiple Choice

Which of the following changes in disposable income would lead to the greatest increase in consumption?


A) ​a $20,000 increase in disposable income, if MPC equals 0.5
B) ​a $12,000 increase in disposable income, if MPC equals 0.75
C) ​a $15,000 increase in disposable income, if MPC equals 0.6
D) ​a $30,000 increase in disposable income, if MPC equals 0.25

Correct Answer:

verifed

Verified

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

Related Questions