If you have a payroll of $60 million dollars. For every payroll dollar about 4 more are...
generated through the area, what is the marginal propensity to consume?
This doesn't make much sense. Marginal propensity to consume (mpc) is calculated on the rate of consumption from the marginal increase in income, it also requires information about the disposable income.
For instance, if I make $50,000/year and receive a bonus of $1,000 but I use all of it to cover my increase in property taxes, my mpc is zero. If I spend it all on things other than taxes, the rate is .02 (1,000 / 50,000).
by manofmystery2413 days ago
How would you use the money?
by StayPos8 months ago
If you received an unexpected inheritance of one million dollars what would you with the money?Oh and by the way the taxes have already been paid :-)
by Abdus Salam3 years ago
If someone give you 10 million dollar, what will be your spending plan?Someone ask me the question. Please Answer this question. thanks
by Scott Mandrake9 years ago
A recent thread mentioned giving every US citizen $1,000,000 as a possible solution to the current economic crisis. I wonder, if by some chance you were given that amount of money, would it really make your life...
by Ian D Hetri4 years ago
If you have 1 million dollars and 1 week left to spend before you die, how would you spend it?
by greeneryday5 years ago
How would you invest a million dollars?
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