Refer to the information provided in Figure 23.1 below to answer the question(s) that follow. Figure 23.1
-Refer to Figure 23.1. [-500 + 0.5Y] is this household's
A) MPC.
B) MPS.
C) saving function.
D) consumption.

Question

Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.  Figure 23.1
-Refer to Figure 23.1. [-500 + 0.5Y] is this household's
A) MPC. 
B) MPS. 
C) saving function. 
D) consumption.

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.  Figure 23.1
-Refer to Figure 23.1. [-500 + 0.5Y] is this household's
A) MPC. 
B) MPS. 
C) saving function. 
D) consumption.

Refer to the Information Provided in Figure 23