Suppose a consumption function is given as C = $175 + 0.85YD. The marginal propensity to save is:
200. 0.15. -0.15. 0.85.
please explain how to do the problem please 🙂
MPS=1-MPC=1-0.85=0.15.The answer is B.
You did not give say the thing you need find. You only gave the consumption function and the marginal propensity to save, but what should we find?
Let’s say you increase YD (yearly disposable income) by $1.
When this happens consumption increases by 85 cents since that is the coefficient of YD.
The implication is that the remainder ($1-.85) was saved.
Can they delete you and not making use of a reason or a contravention? definite. takes place to me each and all of the time courtesy of the little ʙuԍԍᴇʀs residing below bridges. while it got here approximately to me i replaced into advised that it replaced into via reporting by making use of different purchasers nonetheless a sparkling violation could or won’t have got here about. i think you’re able to be able to or won’t of stepped on a land mine, obtrusive superb. whether that’s “no longer a query” customer care removes the offensive textile. They care, they actually do. i think of you have been too chatty, being too smart, having too a lot relaxing, smart and are woman. How DARE you!