if your real disposable income goes up by 200 per week and your real consumption spending goes u

Name: if your real disposable income goes up by 200 per week and your real consumption spending goes up by 160 per week you have a marginal propensity to consume of a 10b 08c 12d 02 77658
Uploaded: 2023-04-19T09:38:40-08:00
Duration: 1 min 39 s
Channel: Sanchit Jain
Description: if your real disposable income goes up by 200 per week and your real consumption spending goes up by 160 per week you have a marginal propensity to consume of a 10b 08c 12d 02 77658

Question

Sanchit Jain · Accepted Answer

1. Marginal propensity to consume (MPC) is the ratio of the change in consumption to the change

Question

If your real disposable income goes up by $200 per week, and your real consumption spending goes up by $160 per week, you have a marginal propensity to consume of A) 1.0B) 0.8C) 1.2D) 0.2

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