Economy, asked by martinekeesha, 10 months ago

how much is gdp increased if mpc is .8 and new spending is 90 000

Answers

Answered by Kartikeypachauri

2

Explanation:

propensity to consume (MPC) and marginal propensity to save (MPS) describe consumer behavior with respect to their income. MPC is the ratio of the change in the amount a person spends to the change in that person's overall income, whereas MPS is the same ratio with savings as the metric of interest. Because people either spend or do not spend (that is, save) whatever income they earn, the sum of MPC and MPS is always equal to 1.

Previous Question

Next Question

Similar questions

Biology, 5 months ago

my besties join kr lo aur kisi glt kaam ke liye nhi h (s*x) toh bilkul bhi nhi...

Math, 5 months ago

16. In AABC, the perpendicular from A on BC meets BC at D such that BD = 7 cm and DC = 12 cm. Find the ratio of the areas of the triangles ABD and ADC.

Computer Science, 5 months ago

How are cliparts different from pictures? How will you insert and rotate a picture by 90 degrees left in the document?

Math, 10 months ago

❣❣✧༺♥༻✧✧༺♥༻✧❣❣ CLASS 10th CHAPTER NO. 2 2.3 question no. 3❣❣❣❣❤❤❤❤ ❣❣◆◇◆◇◆◇◆◇◆◇◆◇◆◇◆◇❣❣...

History, 10 months ago

In the space below, explain why the people in the Missouri Territory were satisfied with the Missouri compromise, and why the Southern or Northern states accepted the decision as well.

Math, 1 year ago

find the answer for 16th question...

Math, 1 year ago

if triangle ABC similar to triangle DEF and are (triangle ABC): are (triangle DEF)=81:225 the find ratio of AB:DE...

English, 1 year ago

Write a letter to your uncle describing the initiatives taken by you and your friends to implement a plastic bag in your locality...