Suppose Saving Is $1,000 When Income Is $10,000 and the MPC

question 129

Multiple Choice

Suppose saving is $1,000 when income is $10,000 and the MPC equals 0.9. When income increases to $15,000, saving is

• A) $1,500.
• B) $1,400.
• C) $900.
• D) $500.

---

Definitions:

Marketing Spending

The total expenditure made by a business on marketing activities, including advertising, promotions, and other strategies to boost sales and brand awareness.

Marketing Dollars

Funds allocated by an organization for activities related to marketing, advertising, and promoting their products or services.

Marketing Dashboard

A visual representation tool that displays key marketing metrics and indicators to help in decision-making.

Sales Revenue

The total amount of money generated from sales of goods or services before any expenses are subtracted.