Question
If your disposable personal income increases from $10,000 to $20,000 and your consumption increases from $9,000 to $11,000, your MPS is: A. 0.2. B. 0.4.
If your disposable personal income increases from $10,000 to $20,000 and your consumption increases from $9,000 to $11,000, your MPS is:
A. 0.2.
B. 0.4.
C. 0.6.
D. 0.8.
E. 0.5.
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
