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

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
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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). 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.
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
S
МPC
MPS
АРС
APS
200
260
360
300
390
550
420
620
480
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.
Transcribed Image Text: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 S МPC MPS АРС APS 200 260 360 300 390 550 420 620 480 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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