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johnpaul92 johnpaul92
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8 years ago
Last year, Linus earned a salary of $25,000 and he spent $24,000, thus saving $1,000. At the end of the year, he received a bonus of $1,000 and he spent $500 of it, saving the other $500. What was his marginal propensity to consume?
A) .04
B) .96
C) .50
D) .02
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Appreciate your help, thank you again
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#3
8 years ago
Glad to be part of your success Wink Face
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