hillisaiah1878 hillisaiah1878

27-10-2020
Business

contestada

David receives a tax refund of $800. He spends $600 and saves $200. David's marginal propensity to consume is:

Respuesta :

Ritmeks Ritmeks

27-10-2020

Answer:

0.75

Explanation:

David receives a tax refund of $800

He spends $600 and then saves $200

Therefore David's marginal propensity to consume can be calculated as follows

= 600/800

= 0.75

Hence David marginal propensity to consume is 0.75

Answer Link

Otras preguntas

A triangle has vertices A(−1,2) , B(2,5) , and C(3,−4) . If the image resulting from a rotation has vertices A'(−2,−1) , B'(−5,2) , and C'(4,3) , what is the ru

6. Solve 3x - 12 = 3x+4

The top and bottom margins of a poster are each 6 cm and the side margins are each 4 cm. The area of printed material on the poster is fixed at 384 cm2. Find th

WhIsla’s change in velocity is 30 m/s, and Hazel has the same change in velocity. Which best explains why they would have different accelerations? Isla had nega

Find x. 27 ft. 24 ft.

a) Find the coordinates of the point where y - 4x = 1 crosses the y-axis. 3,0)

According to the truecar.com site, any asking price between $34,772 and $36,225 for this car model is considered "good" or "great." What proportion of cars hav

Claim: Fewer than 92% of adults have a cell phone. In a reputable poll of 1116 adults, 83% said that they have a cell phone. Find the value of the test statisti

Xian and his cousin Kai both collect stamps. Xian has 60 stamps, and Kai has 72 stamps. The boys recently joined different stamp-collecting clubs. Xian's club w

Clara is growing her hair out and wants it to be no longer than 15 cm but more than 11 cm. Her hair is 7 cm right now and grows at a rate of 0.25 cm per week. L

ACCESS MORE EDU ACCESS