"Other things being equal, what will be the resulting increase in income for an economy that has a marginal propensity to consume of 0.6, if investment increases by $10 million?"
a) $6 million
b) $10 million
c) $25 million
d) $60 million
The answer is c) $25 million...but i have no idea...
When a polynomial P(x) is divided by x+3 the remainder is 8 and when divided by x-2 the remainder is 3. Find the remainder when P(x) is divided by (x-2)(x+3).
I got no idea what so ever...any help would be apprieciated!!