A.if all 110 million households spent the same additional dollars on appliances, electronics, and furniture as the sample 30,000 rebate receiving households did so, how much did the aggregate consumption increase?

B. If the MPC was 0.9, how much would the cumulative spending increase as a result?

Question

01-03-2021
Mathematics

Answered

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A.if all 110 million households spent the same additional dollars on appliances, electronics, and furniture as the sample 30,000 rebate receiving households did so, how much did the aggregate consumption increase?

B. If the MPC was 0.9, how much would the cumulative spending increase as a result?

Sagot :

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