Question
The "Multiplier" effect is larger when the marginal
propensity to consume (MPC) is:Solution
The simple multiplier is 1/(1-MPC) or 1/MPS. A higher MPC (lower MPS) means more of each income round is spent, creating a larger multiplier.
Ratio between two numbers is 4:9 and their difference is 45. Find the sum of the given two numbers.
The ratio of zinc and copper in a brass pieces is 6:7. How much zinc will be there in 390 kg of such a piece?
A plot has to be divided among P, Q and R in the ratio 2:5:8 respectively. If the area of plot received by R is 4200m² more than the area of plot recei...
Marks scored by A and B in a test are in the ratio 13:5 respectively. If B had scored 5 more marks, then marks scored by A would be 30% more than that o...
Ratio between two numbers is 9:14 and their difference is 55. Find the sum of the given two numbers.
Some balls are to be distributed among some boys. If 4 more balls are available, each boy gets 6 balls. If 3 less balls are available, each boy gets 3 b...
‘P’ had four Rs. 500 notes and a certain number of Rs. 50 notes with him while ‘Q’ had eleven Rs. 200 notes and one Rs. 500 note with him. Later...
Rs. 23121 are divided between A and B in the ratio 2:7. What is the difference between thrice the share of A and twice the share of B?
The ratio of the incomes of Vineet and Vidya is 8:5 respectively. Vineet saves 30% of his income while Vidya saves 20% of his income. The sum of their e...
If the third proportion of 27 and 36 is “0.5k”, then find the value of (k − 36) : (k + 12).
