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Bill receives a raise of $1000 per month.

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Bill receives a raise of $1000 per month. From this he spends an extra $800;and saves an extra $200. His MPC would be;a) 1.25;b) 0.8;c) 0.2;d) 0.25;e) 4;Human Capital refers to;a) the skills of workers;b) the workers;c) machinery designed to easy use by workers;d) technology created by workers;e) all of the above;US imports are most likely to increase when;a) prices in the US fall;b) prices in Europe rise;c) income in the US rises;d) income in Europe rises;e) US exports rise

 

Paper#24044 | Written in 18-Jul-2015

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