The marginal propensity to consume

Assignment Help Business Economics
Reference no: EM133223242

Question

The marginal propensity to consume (MPC) is 0.75, marginal propensity to invest (MPI) is 0.3, and the marginal propensity to import (MPM) is 0.2. What is the size of the multiplier?

Explain what this measure means (show by an example)

Reference no: EM133223242

Questions Cloud

What is meant by autonomy : What is meant by "autonomy," and in what way is autonomy a source of rights?
Adding story would increase structural costs : Adding story would increase structural costs from $600,000 to $900,000 and double the cost of the exterior enclosure that is $400,000 for the one-story building
Review key features and benefits of an inclusive learning : Level 5 Diploma in Education and Training, Explain how identifying and taking account of learners' individual learning preferences enables inclusive teaching
What rights were provided as a result of jerry gault case : At the conclusion of your legal brief, provide a discussion on what rights were provided as a result of Jerry Gault's case
The marginal propensity to consume : The marginal propensity to consume (MPC) is 0.75, marginal propensity to invest (MPI) is 0.3, and the marginal propensity to import (MPM) is 0.2.
Defining the concepts of health and disease using references : Write a paper - 3 pages - cover and reference pages not included. Defining the concepts of health and disease using references from different authors
What feature of globalization : What feature of globalization does this excerpt refer to? Describe two aspects of globalization that have proven harmful to developing countries.
Soviet union experience of central asian republics : What is a disadvantage of the Soviet Union experience of the Central Asian Republics and in what way can Western trained business manager take advantage?
What was the mission of the new archaeologists post-WWI : What was the "mission" of the new archaeologists post-WWI? What were Lewis Morgan's ideas? What is "matri-local residence"

Reviews

Write a Review

Business Economics Questions & Answers

  Produces high-pitched reminder to telemarketers

Soundscape Enterprises manufactures Sonoblast, a device that produces a high-pitched reminder to telemarketers that they have once again disturbed you just when you were sitting 1⁄2 down to dinner. Give the formulas for the short-run production funct..

  Examine the respective postings

1. Explain how marginal utility theory and the law of demand are related.

  Bought without incurring transactions costs

You buy a house and pay for it. A year later the price of houses changes while all other prices(and your cash income) remain the same. Assume that houses can be sold and bought without incurring transactions costs. Show that the price change makes yo..

  Calculate the price elasticity of demand for newtons donuts

Calculate the price elasticity of demand for Newton's Donuts

  As with any quality improvement exercise

As with any quality improvement exercise, the journey to reducing COPQ should begin by sizing up the enormity of the challenge. Data collection on COPQ, analysis, and planning of an improvement strategy that attack chunks of the glacier rather than i..

  Elucidate what do the opponents of globalization criticize

Elucidate what do the opponents of globalization criticize. With regard to consumerism, immigration, and nutrition, where do you find their critiques compelling.

  Views about trends in balance of trade in pakistan

Express your views about trends in balance of trade in Pakistan and factors affecting them? How do you think that this situation can be made favorable for Pakis

  Discuss how consumer assesses value of marlboro cigarettes

Discuss how the consumer assesses the value of marlboro cigarettes. How does it compare to competing marlboro on the market? Is value based on price, product attributes, something else, or a combination of things?

  What would be your first major steps regarding

If you were vice president of sales for an organization with employees in other countries, what would be your first major steps regarding the compensation

  Promote long-run economic growth

What should the federal government do to promote long-run economic growth?

  Explain what demand deposits are

Explain what demand deposits are and why they should be included in the stock of money?

  Impact of opening trade

What is the impact of opening trade on the real rental on capital.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd