What percentage of last month's income did you spend? How much more would you spend if you won a $1,000 lottery prize? Why might your average and marginal propensities to consume differ?

Answers

Answer 1

Answer:

I spent 60% of my last month income.

If I won a lottery of $1,000, I would save all of it.

In most cases, average and marginal propensities to consume changes with an increase in income.

Explanation:

The Average Propensity to Consume is the percentage split between income spent and income saved. Marginal Propensity to Consume is the additional increase or decrease in consumption when income changes.

The factors which influence APC and MPC are;

Consumer Confidence Index (CCI) - the degree to which a consumer believes in the performance of the economy. If the consumer believes that given the state of the economy, their financial prospects are secure, they will spend more. Some of the factors that positively influence CCI are:Increases in Disposable Income as a result of government activities and/or policies. Increase in disposable income from other sources

Cheers!

Related Questions

What type of information system would a chain of theaters use to sell

tickets?

Answers

Answer:

transaction processing system

The type of information system would a chain of theaters used to sell tickets is the transaction processing system.

What is the transaction processing system?

Transaction processing is a method of acting or calculation that breaks down the work into discrete, indivisible activities known as transactions.

A transaction processing system software collection that facilitates transaction processing.

It's the kind of information system that a theater chain might use to sell tickets.

Therefore, transaction processing system helps in completing the business.

Learn more about the transaction processing system, refer to:

https://brainly.com/question/11621307

A business is considered small by comparing its size to others in the same industry.

Answers

Answer:

False

Explanation:

i would reslly appreciate the help?

Answers

Answer:

i think I will try maybe the answer is b

The answer is D as more productivity can reduce costs

Why is effective written communication important in the workplace?

Answers

Clear messages help build trust and integrity between the writer and the reader. Well-written communication helps define goals, identify problems and arrive at solutions. This is important in every aspect of business. Executives must clearly write memos so that staff understands the directives without confusion. Hope it helps!

Lessens the mistakes made in business activities and therefore saves time in correcting them in the future

1. Imagine this scenario: On Thursday, after your computer breaks, you order a new computer from Amazon to be delivered on Friday, paying extra so the computer arrives in time for your big presentation to the company President. If you mess this up, you will lose your job. Unfortunately, the computer does not arrive for ten days and you lose your job. What can you sue Amazon for? What promise did Amazon breach? 2. What contract provision (promise) could Amazon agree to that would make it liable for your lost job?

Answers

Answer:

I would sue amazon for not getting the delivery on time.

Explanation:

I would do this because the new computer i was supposed to get did not come, and if that happened to be I would be infuriated! In my opinion, I don't think amazon could do anything that would make it liable for my lost job. That job must have been a really important one. Hopefully this helps! ;) From, a 12 year old.

Empathy is challenging for many because it doesn’t ____ But It does___

Answers

Answer:

Empathy is challenging for many because it doesn’t make immediate impact. But It does have a deep impact in the long run because when the empathized persons feel our demonstration, they will become a trusted ally in life and work.

Explanation:

The valuation you have of yourself is known as

Answers

Answer:

self-esteem

Explanation:

self-esteem is how you value yourself

Answer:

self-esteem

Explanation:

Which of the following is true about career goals?

A.Goals are not actually things that can be measured to say whether they have been met or not.
B.Most goals should be so ambitious that it would be unlikely that you actually reach them. This will push you to achieve as much as possible.
C.They should usually be significant enough that they cannot be reached in one easy step.
D.They should not require a great deal of hard work to reach them.

Answers

Answer: They should usually be significant enough that they cannot be reached in one easy step.

Explanation:

Career goals should be significant enough that they cannot be reached in one easy step. The correct option is c.

What do you understand about career goals?

A career goal means the ultimate job that we aspire to throughout our careers. A career goal allows us to set ourselves an action plan or personal development plan to work towards to achieve our goals.

Career goals can be for a short term such as getting a promotion or certification and can be for a long term such as running our own business or being an executive of our dream company. It should be set as a reward so that it keeps us motivated in our careers.

Career goal is beneficial for us because it helps us to focus on what we want to achieve. It gives us something to aim for and steps to follow and progress to make.

In simple terms, a career goal is a target set by us.

Learn more about career here:

https://brainly.com/question/27979986

#SPJ5

What is an industrial good?
A A scarce good with a high price
B. A good that is marketed using price competition
C. A good that is purchased by a business for producing other products
D. A good that is purchased for personal use

Answers

Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. ... They are made up of machinery, manufacturing plants, raw materials, and any other good or component used by industries or firms. In economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product. A common distinction is made between goods which are transferable, and services, which are not transferable.

Answer:

Simpler terms for those who dont like to read it's C

Explanation:

You have $12,949.72 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $220.000. You expect
to earn 12% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number
ps
years

Answers

Answer: 15

Explanation:

Given the following :

Interest per annum (I / YR) = (12 / 1) = 12

Future value (FV) = $220,000

Present Value (PV) = $12,949.72

Payment per period (PMT) = $4000

Using the online financial calculator :

The number of periods to attain a future value of $220,000 with a present value of $12,949.72 and periodic payment of $4000 at an interest rate of 12% per annum is 15.

Therefore, the number of periods is 15.

Inputting the above parameters into the online financial calculator gives a period (N) value of 15.

The graph shows a point of equilibrium. A graph has Quantity supplied on the x-axis and price in dollars on the y-axis. A line that represents supply has a positive slope and a line that represents demand has a negative slope. The lines intersect at point (30, 9). Line P is drawn from the point of equilibrium to the y-axis, and line Q is drawn from the point of equilibrium to the x-axis.What does "Q” represent on the graph? the point where equilibrium is achieved the quantity at the equilibrium point the average cost of goods sold the point where supply and demand drop

Answers

Answer:

the quanity at equilirium point

Explanation:

Correct on edge 2020

Answer: The correct answer is B

Explanation:

Other Questions

cules fueron las acciones principales del personaje "Don quijote de la mancha"? PLEASE HELP WILL GIVE BRAINLIEST IF CORRECTTo support a shelf, the diameter of a bolt can measure anywhere from 0.2 cm less than 1.5 cm to 0.2 cm greater than 1.5 cm. Which graph represents the possible measures of the diameter of the bolt? Recall that Wiesel was a teenager when he wasdeported to Auschwitz. How does that point ofview add to the power of this passage? Eva invested $10,000 in a savings account. If the interest rate is 3.5%, how much will be in the account in 10 years bycompounding continuously? Round to the nearest cent. For each of the following errors, considered individually, indicate whether the error would cause the adjusted trial balance totals to be unequal. If the error would cause the adjusted trial balance totals to be unequal, indicate whether the debit or credit total is higher and by how much.a. The adjustment for accrued wages of $5,200 was journalized as a debit to Wages Expense for $5,200 and a credit to Accounts Payable for $5,200.b. The entry for $1,125 of supplies used during the period was journalized as a debit to Supplies Expense of $1,125 and a credit to Supplies of $1,152. Paul, a Caucasian male, works as a tennis coach with Jenneta, an African-American female. There is a well-known stereotype in the tennis community that women cant serve as fast as men can. Based on the summaries of these two studies, which of the following statements would be most likely to decrease the speed of Jennetas serve because of the effects of stereotype threat? Check all that apply. Wow, Jenneta, did you see how fast Venus Williams served the ball last week? Okay, Jenneta, lets have some fun today! Ive got some tricks to show you that will really improve your serve. On January 1 of the current year (Year 1), our company acquired a truck for $75,000. The estimated useful life of the truck is 5 years or 100,000 miles. The residual value at the end of 5 years is estimated to be $5,000. The actual mileage for the truck was 22,000 miles in Year 1 and 27,000 miles in Year 2. What is the depreciation expense for the second year of use (Year 2) if we use the units of production method Which property of equality was used to solve this equation? x 5 = -14 x 5 + 5 = -14 + 5 x = -9 A.) addition property of equality B.) subtraction property of equality C.) multiplication property of equality D.) division property of equality I'll give BRAINLIEST!! Using the frequency table below, what is the probability of people that are not boys? 10% 20% 30% 50% When $\frac{1}{1111}$ is expressed as a decimal, what is the sum of the first 40 digits after the decimal point? Triangle E G F is cut by line H J. Line H J goes from side E G through side G F. Lines E F and H J are parallel. Using the side-splitter theorem, which segment length would complete the proportion? StartFraction G H Over H E EndFraction = StartFraction question mark Over J F EndFraction GF JH GJ EF 4. Rational, irrational (4 points) (1) (2 points) Prove or disprove that if x y is an irrational number, then x or y is also an irrational number. (2) (2 points) Prove that if x 2 is irrational, then x is irrational. (Hint: try a proof by contrapositive) Please help me solve number 14 and 15 Which descriptions are examples of archetypes? Select three options. Please help me in this question.Tell me if it is good. And if it is not good then do it for me please. The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 228 customers on the number of hours cars are parked and the amount they are charged. Number of Hours Frequency Amount Charged 1 21 $4 2 36 6 3 53 9 4 40 13 5 22 14 6 11 16 7 9 18 8 36 22 228A. Convert the information on the number of hours parked to a probability distribution. Is this a discrete or a continuous probability distribution? B. Find the mean and the standard deviation of the number of hours parked. How would you answer the question: How long is a typical customer parked? C. Find the mean and the standard deviation of the amount charged. The function h(t) = 16t2 + 28t + 500 represents the height of a rock t seconds after it is propelled by a slingshot.What does h(3.2) represent?the height of the rock 3.2 seconds before it reaches the groundthe time it takes the rock to reach the ground, or 3.2 secondsthe time it takes the rock to reach a height of 3.2 metersthe height of the rock 3.2 seconds after it is propelled Farmers spray pesticides to protect fruits from pests. What is a possible harmful effect of using pesticides?A)Pesticides are harmful to plants and should not be used.B)Pesticides collect on the leaves and do not allow plants to take in oxygen.Pesticides remain on fruits and are passed on to anyone who eats thefruits.D)Pesticides also kill insects, such as mosquitoes, that do not harm theplants. Compare and contrast the causes of the glorious, american, and french revolution.