1 answer

If Matt's income increases from $40,000 to $42,000 and her savings increases fr. $1,000 to $1,600...

Question:

If Matts income increases from $40,000 to $42,000 and her savings increases fr. $1,000 to $1,600 what is her MPS? O 0.15 0.3
If Matt's income increases from $40,000 to $42,000 and her savings increases fr. $1,000 to $1,600 what is her MPS? O 0.15 0.30 0.03 0.70 0.85

Answers

Marginal Propensity Save (MPS) is calculated by the following formula

MPS = Changes in the Savings / Changes in the Income

In the question, changes in the savings = 1600 - 1000 = 600

And changes in the income = 42000 - 40000 = 2000

Thefefore, the MPS = 600 / 2000 = 0.3

Answer = 0.30

.

Similar Solved Questions

1 answer
(9%) Problem 2: Consider the circuit depicted in the attached figure. The voltage source is an...
(9%) Problem 2: Consider the circuit depicted in the attached figure. The voltage source is an AC source of frequency - 35 Hz. Randomized Variables R-1122 R2 - 1440 C) -5.5 F C2-5.5 UF L = 0.98 H Otheexpertta.com leted for the circuit as a complex number. You may assume the 25% Part (a) Given the ab...
1 answer
Using the 3-point curved line drawing tool, show the effect of a decline in the euro...
Using the 3-point curved line drawing tool, show the effect of a decline in the euro interest rate. Properly label this line. Foreign Exchange Market Exchange rate E($/Euro) Carefully follow the instructions above and only draw the required object. This shock will lead to a dollar appreciation depre...
1 answer
A random sample of 915 adults showed that 34% of them are smokers. Based on this...
A random sample of 915 adults showed that 34% of them are smokers. Based on this sample, the 90% confidence interval for the proportion of all adults who are smokers, rounded to four decimal places, is: the lower endpoint is i the upper endpoint is...
1 answer
Can you please show work? also pretend like i didnt even write anything on there 1....
can you please show work? also pretend like i didnt even write anything on there 1. For questions 1-2 A) Write the molecular equation and balance the equation, B) Identify the precipitat that forms (if any) and C) Write the net ionic equation when the following aqueous solutions are mixed. 1. Sod...
1 answer
This is a differential equations course. Find the general solution. 16. x't) = 1-30 2 1...
This is a differential equations course. Find the general solution. 16. x't) = 1-30 2 1 -1 -2 -1 -1 0 o z(t)...
1 answer
2. Find the absolute extrema if they exist. (a) f(x) = -3x4 + 8x} +18x² +...
2. Find the absolute extrema if they exist. (a) f(x) = -3x4 + 8x} +18x² + 2 (b) f(x) = b (c) f(x) = -1...
1 answer
I am wondering on the very last part of this problem how they got the answer...
I am wondering on the very last part of this problem how they got the answer given part a only 10-3-17 HW 4.27 Secco 100% 3902300 pd .489 - 495 0923 Goose Coob General Higher order transfer To Se tuin ga OLELL Le Steady Sor ( L=T= ce vi plin • Kuh.02 with time constant as 1 second is 200 +...
1 answer
The Sunland Hotel opened for business on May 1, 2022. Here is its trial balance before...
The Sunland Hotel opened for business on May 1, 2022. Here is its trial balance before adjustment on May 31. SUNLAND HOTEL Trial Balance May 31, 2022 Debit Credit Cash $ 2,623 Supplies 2,600 1,800 Prepaid Insurance Land 15,123 Buildings 70,000 Equipment 16,800 Accounts Payable $4,823 Unearned Rent R...
1 answer
Given the langauge L = {ab, aa, baa}, which of the following strings are in L*?...
Given the langauge L = {ab, aa, baa}, which of the following strings are in L*? (Note: this is a multi-select question, you may choose more than one option) A. abaabaaabaa B. aaaabaaaa C. baaaaabaaaab D. baaaaabaa...
1 answer
1. A researcher selected a random sample of 268 former students, 110 of whom were student-athletes,...
1. A researcher selected a random sample of 268 former students, 110 of whom were student-athletes, from a list of graduates of a large university. A total of 17% of the sample of student-athletes had earned graduate degrees, compared to 14% of the non-student-athletes. We want to know: Is this diff...
1 answer
4. The payback period The payback method helps firms establish and identify a maximum acceptable payback...
4. The payback period The payback method helps firms establish and identify a maximum acceptable payback period that helps in their capital budgeting decisions. Consider the case of Blue Hamster Manufacturing Inc.: Blue Hamster Manufacturing Inc. is a small firm, and several of its managers are worr...
1 answer
The management of Revco Products is exploring four different investment opportunities. Information on the four projects...
The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project Number 1 2 3 4 Investment required $ (490,000 ) $ (440,000 ) $ (340,000 ) $ (410,000 ) Present value of cash inflows at a 12% discount rate ...
2 answers
A 2.2 kg rock is released from rest at the surface of a pond 1.8 m deep
A 2.2 kg rock is released from rest at the surface of a pond 1.8 m deep. As the rock falls, a constant upward force of 5.0 N is exerted on it by water resistance. Let y=0 be at the bottom of the pond. Calculate the nonconservative work, Wnc , done by water resistance on the rock, the gravitational p...
1 answer
Show all your work to receive full credit 1. Soil nitrate-N is reported as ppm and...
Show all your work to receive full credit 1. Soil nitrate-N is reported as ppm and the results for the 0 to 6 and 6 to 24 inches in soil depths are 10 and 15 ppm. Convert to lbs. per acre. Assume each 6-inch depth contains 2 million lbs. of soil....
1 answer
How do #"lead nitrate"# and #"potassium iodide"# react in aqueous solution?
How do #"lead nitrate"# and #"potassium iodide"# react in aqueous solution?...
1 answer
1. Label the a carbon and ß-carbons in each of the following compounds, 2. Determine the...
1. Label the a carbon and ß-carbons in each of the following compounds, 2. Determine the (E) and (Z) configuration and give the IUPAC name for the following alkenes....
1 answer
Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t...
Check My Work (3 remaining) eBook Problem Walk-Through Project L requires an initial outlay at t 0 of $77,184, its expected cash inflows are $13,000 per year for 10 years, and its WACC is 10 %. What is the project's IRR? Round your answer to two decimal places. % Check My Work (3 remaining) MacB...
1 answer
Find the equation and length of perpendicular from a point #P(-3,0,-2)# to the line #(x-2)/2=(y-2)/(-2)=(z-1)/1#?
Find the equation and length of perpendicular from a point #P(-3,0,-2)# to the line #(x-2)/2=(y-2)/(-2)=(z-1)/1#?...