1 The following table shows income and consumption:  Calculate:  A- Saving (S),  B- Marginal propensity to consume (MPC),    C- Marginal propensity to save (MPS),  D- Average propensity to consume (APC)  E- Average propensity to save (APS).                                                                                                                                                                                                                         Y             C 1000    1500 2000    2600 3600    3000 4800    3900 5500    4200 6200    4800

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.1P
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Q-1 The following table shows income and consumption:
 Calculate: 
A- Saving (S), 
B- Marginal propensity to consume (MPC),   
C- Marginal propensity to save (MPS), 
D- Average propensity to consume (APC) 
E- Average propensity to save (APS).                                                          
                                                                                                                                                             
Y             C
1000    1500
2000    2600
3600    3000
4800    3900
5500    4200
6200    4800

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