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MMLU-Pro / 7619 / During 1979, Mr. Anderson expected to earn …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

During 1979, Mr. Anderson expected to earn 20,000.Fromthisincomehehadplannedtosave20,000. From thisincome he had planned to save 2,000. However, during 1979, Mr. Anderson got a raise which boosted his income to 23,000.IfMr.Andersonendedupsavingatotalof23,000.If Mr. Anderson ended up saving a total of 3,000 outof his $23,000 income, what was his marginal propensity toconsume (MPC) ? (It may be assumed that if he had not receivedhis raise, Mr. Anderson would have actually saved the$2,000 that he had planned to save.)
Plain-text mathematical notation (without MathML)
During 1979, Mr. Anderson expected to earn 20,000.Fromthisincomehehadplannedtosave2,000. However, during 1979, Mr. Anderson got a raise which boosted his income to 23,000.IfMr.Andersonendedupsavingatotalof3,000 outof his $23,000 income, what was his marginal propensity toconsume (MPC) ? (It may be assumed that if he had not receivedhis raise, Mr. Anderson would have actually saved the$2,000 that he had planned to save.)
Original LaTeX notation
During 1979, Mr. Anderson expected to earn $20,000. From thisincome he had planned to save $2,000. However, during 1979, Mr. Anderson got a raise which boosted his income to $23,000.If Mr. Anderson ended up saving a total of $3,000 outof his $23,000 income, what was his marginal propensity toconsume (MPC) ? (It may be assumed that if he had not receivedhis raise, Mr. Anderson would have actually saved the$2,000 that he had planned to save.)

category

economics

options

  1. 3/5
  2. 2/3
  3. 3/4
  4. 4/5
  5. 1/4
  6. 7/8
  7. 1/2
  8. 2/5
  9. 1/3
  10. 5/6

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7619
task_id
31e2c2f0-2451-522e-867f-cd61760e1108
task_key
default--test--7619
task_revision_id
1
config / split
default / test

Official source

initial import