65 613
Assignments Done
99,2%
Successfully Done
In October 2018

Answer to Question #12330 in Macroeconomics for maggy

Question #12330
what is the typical value for MPC?
Expert's answer
MPC=marginal propensity to consume=the percentage of your disposable income that you spend on goods.
the typical value for MPC is greater than 0 and less than 1

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions