menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 8: Aggregate Expenditure and Equilibrium Output
  5. Question
    If Consumption Is $30,000 When Income Is $35,000, and Consumption
Solved

If Consumption Is $30,000 When Income Is $35,000, and Consumption

Question 136

Question 136

Multiple Choice

If consumption is $30,000 when income is $35,000, and consumption increases to $36,000 when income increases to $43,000, the MPC is


A) 0.65.
B) 0.75.
C) 0.80.
D) 0.95.

Correct Answer:

verifed

Verified

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

Related Questions

Q131: Refer to the information provided in Table

Q132: Refer to the information provided in Figure

Q133: Refer to the information provided in Table

Q134: Assume there is no government or foreign

Q135: Refer to the information provided in Table

Q137: Refer to the information provided in Figure

Q138: Refer to the information provided in Figure

Q139: Refer to the information provided in Figure

Q140: Refer to the information provided in Table

Q141: Uncertainty about the future is likely to<br>A)

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