# Economics

posted by aj

Suppose that when disposable income rises from \$5.2 trillion to \$6.0 trillion, consumption rises from \$5.0 trillion to \$5.6 trillion. What is the marginal propensity to consume?

## Similar Questions

1. ### Economics

Suppose that the MPC = 0.8 and that \$12 trillion of real GDP is currently being demanded. The government wants to increase real GDP demanded to \$13 trillion. By how much would it have to increase government spending to achieve this …
2. ### Macroeconomics

The following calculations help you see how the ratio of debt to GDP changes from one year to the next. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal …
3. ### Math

What are the 3 numbers that com after trillion. I'm talk about this- Ex: million then billion. I want to know what comes after trillion 3 times.
4. ### economics

At an initial point on the aggregate demand curve, the price level is 100, and real to GDP is \$15trillion. After the price level rises to 110, however, there is an upward movement along the aggregate demand curve, and real GDP declines …
5. ### Macroeconomics

Consider the following data: The money supply in \$1 trillion, the price level equals 2, and real GDP is \$5 trillion in base-year dollars. What is the income velocity of money?
6. ### MacroEconomics

1. The money supply is \$1 trillion,the price level =2,and real GDP is \$5 trillion in base year dollars. What is the income velocity of money ?
7. ### math

If the consumption function is C = \$200 billion + 0.6Y, (a) How much do consumers spend with incomes of \$8.25 trillion?
8. ### maceroenocmics

The money supply in \$1 trillion, the price level equals 2, and real GDP is \$5 trillion in base-year dollars. What is the income velocity
9. ### Economics

What compound annual growth rate is represented by these figures?
10. ### Economics

Consider the following data. The money supply is \$3 trillion, the price level equals 4, the real GDP is \$4 trillion in the base-year dollars

More Similar Questions