FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the marginal propensity to save is 0.25 in an economy with no taxes and no imports, the marginal propensity to consume is 1.25. a.

If the marginal propensity to save is 0.25 in an economy with no taxes and no imports, the marginal propensity to consume is 1.25.

a.

True

b.

False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Economics

Essentials of Economics

Authors: Bradley Schiller, Karen Gebhardt

10th edition

125923570X, 978-1259235702

More Books

Students also viewed these Economics questions

Question

★★★★★
The Bureau of Administration is concerned with high levels of employee absenteeism. Last year, the average employee missed 12.8 workdays. This year, there is an experimental program in which the...

Answered: 1 week ago

Question

★★★★★
An efficiency study was done on the delivery of first-class mail originating from the four cities listed in the following table. Recorded for each city was the average length of time (in days) that...

Answered: 1 week ago

Question

★★★★★
Working with athletes who dope

Answered: 1 week ago

Question

★★★★★
Brandy Dees recently bought Nievo Enterprises, a company that manufactures ice skates. Brandy decided to assume management responsibilities for the company and appointed herself president shortly...

Answered: 1 week ago

Question

★★★★★
Question 1 A system built with sensor is Not yet answered Marked out of 1.00 P Flag question o open loop control system computer control system O Manual control system O Feedback Control system...

Answered: 1 week ago

Question

★★★★★
On January 1, 2014, Prince Corporation acquired 70% of the 100,000 outstanding voting shares of Song Limited for a cash consideration of $1,015,000. On that date, shares of Song Limited were trading...

Answered: 1 week ago

Question

★★★★★
I also need working notes to understand the answer. thank you *P11.5 (LO 2,5) On January 1, 2020. Lock Industries Ltd. issued 1.800.000 face value, 5%, 10-year bonds at 1.667,518. This price resulted...

Answered: 1 week ago

Question

★★★★★
According to the article from your readings this week titled Active Defense: Using Deception and Trickery to Defeat Cyber Adversaries, what is the name of MITRE's cybersecurity framework built to...

Answered: 1 week ago

Question

★★★★★
III HW 7.3 Question 1 of 4 (1 point) | Question Attempt: 1 of Unlimited = 1 2 3 = 4 Manual Transmission Automobiles In a recent year, 6% of cars sold had a manual transmission. A random sample of...

Answered: 1 week ago

Question

★★★★★
The demand for E-Chupetin47 is very stable at 7900 units per month with virtually no variability. BabyGear pays $20 for each pacifier, and sells each unit for $35. The annual holding rate for these...

Answered: 1 week ago

Question

★★★★★
In this section you need to find an online newspaper article that discussed privacy/ security breaches Involving social media or on customer data stolen from an organization by cybercriminals Your...

Answered: 1 week ago

Question

★★★★★
A cantilever beam is subjected to a uniformly-distributed load with an intensity of w. The beam has a Young's modulus of En, a length of 1 and 2nd moment of area of I.. A W B R a) Given the moment...

Answered: 1 week ago

Question

★★★★★
Select all that apply What are two questions a firm should ask of itself as trade barriers fall and they develop global markets? Multiple select question. What is the best way to homogenize consumer...

Answered: 1 week ago

Question

★★★★★
2. What types of information are we collecting?

Answered: 1 week ago

Question

★★★★★
5. How quickly can we manage to collect the information?

Answered: 1 week ago

Question

★★★★★
3. Tactical/strategic information.

Answered: 1 week ago

Previous Question Next Question