A movement along the consumption function can be caused by a a. check from sold mutual funds. b. well performing stock market. c. decrease in taxes. d. newly found $100,000 inheritance.
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A movement along the consumption function can be caused by a
a.
check from sold mutual funds.
b.
well performing stock market.
c.
decrease in taxes.
d.
newly found $100,000 inheritance.
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- . If the consumption function in an economy as follows C = 50 + 0.75Y and the following variables fixed at investment = 250 MD Government expenditure = 200MJD, Net exports = 200MJD, so the equilibrium income is equal Options are 3800,2800,1800,4800. Don't copy previous question becuase it is wrong?Explain consumption function, with the help of a schedule and diagram (I need correct answer otherwise I will give you dislike)Which of the following isn't one of the eight determinates of the level of consumption? A. Disposable Income B. Keeping up with the Joneses C. The Wealth Effect D. Product Quality
- b. Explain the difference between saving and investment as defined by a macroeconomist. c. Which of the following situations in c (i) & c (ii) represent investment? Saving? Explain(i) Your family takes out a mortgage and buys a new house. (ii) You use your paycheque to buy stock in Sagicor Financial Services.If change in consumption is $350 and change in income is $720 Find APC“Permanent Income of consumption is just the average of all current and future incomes. Thus, one does not need to do the maximisation of intertemporal utility”. True or False. Discuss according to the model. Note that you need to discuss according to the model?
- What is the proponsity to consumption function? explain with formulae of average propensity to consume in micro economy.Equation for consumption is C=40/(0.8Y) where Y= yearly income = $400. A) what is the level of consumption B) what is the average propensity to consume(11) The slope of the consumption function is the __________________________ __________________________ __________________________.
- The value of consumption is $1000 and income is $2200 Calculate the value of average propensity to consumeDuring recessions which type of spending falls?a. consumption and investmentb. investment but not consumptionc. consumption but not investmentd. neither consumption nor investmentb) With an example, elaborate the consumption function