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Disposable Income and Outlays: February 2020 Disposable income increased $89 billion, or 0.5 percent, in February, according to the Bureau of Economic Analysis. Personal spending
Disposable Income and Outlays: February 2020 |
Disposable income increased $89 billion, or 0.5 percent, in February, according to the Bureau of Economic Analysis. Personal spending increased $28 billion. |
For a-c round your answer to the nearest whole number.
For d and e round to three decimal places.
Between January and February 2020 by how much did
a. disposable income increase? billion
b. consumption increase? billion
c. savings increase? billion
d. what was the MPC?
e, what was the APC for February?
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