Income and consumption changes for five people are shown in the table. Given this information, rank the marginal propensities to consume (MPC) for the five people from largest to smallest. Largest MPC to Smallest MPC   Answer Bank Colin Barry Al Dan Ernest   Name Income change Consumption change Al +$10,000+$10,000 +$6,000+$6,000 Barry +$5,000+$5,000 +$1,600+$1,600 Colin +$2,000+$2,000 +$1,600+$1,600 Dan −$5,000−$5,000 −$3,500−$3,500 Ernest −$10,000−$10,000 −$4,000−$4,000

Question
Income and consumption changes for five people are shown in the table. Given this information, rank the marginal propensities to consume (MPC) for the five people from largest to smallest.
Largest MPC to Smallest MPC
 
Answer Bank
Colin
Barry
Al
Dan
Ernest
 


Name Income change Consumption change
Al +$10,000+$10,000 +$6,000+$6,000
Barry +$5,000+$5,000 +$1,600+$1,600
Colin +$2,000+$2,000 +$1,600+$1,600
Dan −$5,000−$5,000 −$3,500−$3,500
Ernest −$10,000−$10,000 −$4,000−$4,000

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