Solved

If You Earn Additional $500 in Disposable Income One Week

Question 17

Multiple Choice

If you earn additional $500 in disposable income one week for painting your neighbor's house,


A) the total of your consumption and saving will increase by more than $500.
B) the total of your consumption and saving will increase by $500.
C) the total of your consumption and saving will increase by less than $500.
D) your consumption will increase by more than $500, even if your MPS is 0.1.

Correct Answer:

verifed

Verified

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

Related Questions