Suppose that current disposable income is $10,000 and consumption spending is $8,000. For every $100 increase in disposable income, saving increases $10. Given this information,
If income increases $100 and saving increases by $10, the MPS = .10 and the MPC = .90.
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: Suppose that current disposable income is $10,000 and consumption spending is $8,000. For every $100 increase in disposable income, saving increases $ .... this information, , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 193-4203.