If you real disposable income goes up by $1000 per week, and your real consumption spending goes up by $800 per week, you have an MPS of

A) 0.2.
B) 0.8.
C) 1.2.
D) 1.0.

Ans: A) 0.2.

Economics

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In the table above, if the wage rate is $12.00 per hour, the profit-maximizing number of workers is

A) 2. B) 3. C) 4. D) 5.

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If you have a checking account at Citibank, the account is a liability of the bank

a. True b. False Indicate whether the statement is true or false

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