If Logan Received a $2,500 Bonus and His MPS Is

question 332

Multiple Choice

If Logan received a $2,500 bonus and his MPS is 0.20, his consumption rises by $________ and his saving rises by $________.

• A) 500; 100
• B) 2,500; 200
• C) 2,000; 500
• D) 2,500; 20

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Definitions:

Satisfaction

The feeling of fulfillment or pleasure that comes from achieving something or having one's needs met.

Positive Energy

A constructive and uplifting force or attitude that often leads to a favorable and happy environment.

Cash

Money in the form of coins or banknotes, especially that issued by a government.

Common Courtesies

Basic polite behaviors and gestures that are universally accepted and expected within a society.