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hellchicken hellchicken
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A year ago
The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to save (MPS) is 0.20, then a $100 million increase in disposable income will increase consumption by ________ million. (Round to the nearest hundredth when appropriate.)

▸ $100

▸ $80

▸ $20

▸ $125
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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silvermoon197silvermoon197
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A year ago
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hellchicken Author
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A year ago
You make an excellent tutor!
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Helped a lot
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