If real disposable income increased by $10,000 and real consumption spending increased by $7,500, what is the marginal propensity to consume (MPC)?

Which of the following is true? a. Even intangible goods can be subjected to economic analysis

b. Wealthy individuals who decide to donate money to charity face the constraints of scarcity. c. Increases in production would not enable us to eliminate scarcity. d. All of the above

As general business conditions improve, all other factors constant the:

A. bond supply curve shifts left. B. yield on bonds will increase. C. price of bonds will increase. D. bond demand curve shifts right.