If your disposable income increases from $10,000 to $15,000 and your consumption increases from $9,000 to $12,000, your marginal propensity to consume is:

A.0.8
B.0.6
C.0.4
D.0.2

B. 0.6

Economics

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If a nation abandons its own currency and decides to use another nation's currency as its own circulating currency, this is known as:

a. euro-zoning. b. dollarization. c. a managed float. d. a Western regime.

Economics

The table above gives Cathy's total utility from Mt. Dew. Cathy's marginal utility from the 4th Mt. Dew is ________ units

A) 75 B) 90 C) 15 D) 82.5

Economics