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 S MPC MPS АРС APS 200 260 360 300 480 390 550 420 620 480
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 S MPC MPS АРС APS 200 260 360 300 480 390 550 420 620 480
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.3P
Related questions
Question
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).
Q-2 Compute the (a) Number of unemployed, (b)
Unemployment -rate, (c) Population, and (d) Labor force
participation rate, using this data:
Number of employed = 1800 million
Not in labour force =730 million
Number of Labour force =2500 million
Q-3 Discuss how to control or reduce the Inflation and
Unemployment.
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