Business, 06.02.2020 01:40 lohggg

Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. next, assume that disposable income increases by $80 billion, consumption rises by $56 billion, and saving goes up by $24 billion. what is the economys mpc? its mps?

instructions: round your answers to one decimal place.

mpc =

mps =

what was the apc before the increase in disposable income? after the increase?

instructions: round your answer to two decimal places.

apc before the increase in disposable income =

instructions: round your answer to three decimal places.

apc after the increase in disposable income =

Answers: 2

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Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billi...

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