Business, 06.08.2021 09:10 liamgreene90
To represent the consumption function through algebra, it would be expressed as
C = a + MPS*Y, where a is autonomous consumption (the amount of consumption expenditure when Y = 0), MPS is the marginal propensity to save, and Y is national income
MPC + MPS = 1, where MPC is the marginal propensity to consume and MPS is the marginal propensity to save
C = a + MPC*Y, where a is autonomous consumption (the amount of consumption expenditure when Y = 0), MPC is the marginal propensity to consume, and Y is national income
Answers: 1
Another question on Business
Business, 22.06.2019 10:20
What two things do you consider when evaluating the time value of money
Answers: 1
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
Business, 22.06.2019 22:50
Adding a complementary product to what is currently being produced is a demand management strategy used when: a. capacity exceeds demand for a product that has stable demand.b. price increases have failed to bring about demand management.c. demand exceeds capacity.d. demand exceeds 100 percent.e. the existing product has seasonal or cyclical demand.
Answers: 3
Business, 23.06.2019 09:30
Which of the following economic behaviors causes scarcity? a limited supply and unlimited demand b limited supply and unlimited credit c limited supply and limited regulation d limited supply and limited incentives
Answers: 1
You know the right answer?
To represent the consumption function through algebra, it would be expressed as
C = a + MPS*Y, whe...
Questions
Mathematics, 20.09.2020 16:01
History, 20.09.2020 16:01
Mathematics, 20.09.2020 16:01
Mathematics, 20.09.2020 16:01
History, 20.09.2020 16:01
Physics, 20.09.2020 16:01
Mathematics, 20.09.2020 16:01
English, 20.09.2020 16:01
Mathematics, 20.09.2020 16:01
