Suppose an increase in disposable income from $3 trillion to $3.2 trillion increases consumption from $2.5 trillion to $2.6 trillion. The marginal propensity to consume is _____

The most prestigious stock market in the world is the

A) New York Stock Exchange. B) Chicago Mercantile Exchange. C) London Stock Exchange. D) Tokyo Stock Exchange.

Each point on the supply curve shows the: a. amount that people want to buy at that price

b. quantity supplied at that price. c. productive capacity of an individual producer. d. the amount producers want to sell to buyers of different income levels.