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10 April, 10:30

The Marginal Propensity to Consume is how much you spend for every dollar your income increases. How much money is spent if MPC is. 8 and you have a $10,000 raise?

A. $80

B. $8,000

C. $800

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Answers (2)
  1. 10 April, 12:00
    0
    B. $8,000, because you replace the 8 with the 10 and that's how you get $8,000.
  2. 10 April, 14:00
    0
    I believe it's B. 8,000
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