alculate the value of MPS given that:- MPC = 0.31

Q: The value of MPS is 0.87 Find the value of MPC

A: Given, MPS= 0.87

Q: The average propensity to save is 0.39 Calculate saving if income is $650

A: According to the above mentioned question, we have:- APS = 0.39 Income = $650 We have to find saving…

Q: Find MPC if MPS = 0.8

A: Given: Marginal propensity to save (MPS) = 0.8

Q: Change in consumer incomes Change in prices of соmpeting products Change in prices for raw materials…

A: The demand and supply curves both are the functions of price and quantity. There are many factors…

Q: Find Multiplier if the value of MPC is 0.65

A: The data presented in the question above is:- Marginal propensity to consume = 0.65  Multiplier is…

Q: Can MPC be negative or greater than 1? Why or why not

A: Marginal propensity to consume (MPC):  MPC measures the change in spending on consumption with the…

Q: Find average propensity to save if the value of savings is $331 and the income is $500

A: The information given to us is :- Savings done by the household = $331 Income of the household =…

Q: Calculate the MPC when MPS is given to be as 0.9

A: Marginal propensity to consume (MPC) refers to the proportion of increase in income that a consumer…

Q: Find the value of MPC when multiplier is stated as 0.97

A: MPC or the marginal propensity to consume is the percentage of consumer's income that the consumer…

Q: Price of advertising in newspapers and magazines are Rs.5 and Rs.10 respectively. The total budget…

A: General budget constraint can be Witten as follows. Substitute the respective values in Equation…

Q: . IfQ=K!®L² the MP; is a. constant b. diminishing c. increasing d. not enough information to…

A: The production function would result in the maximum output that can be produced given the technology…

Q: The value of MPC is 0.21 Find the value of MPS

A: # The relationship between MPS and MPC is :- MPS = 1 - MPC This is because the sum of MPS and MPC is…

Q: Given the import function, Z = 300 + 2/3Y, which of the following statements is correct? (a) The…

A: Import- The goods and services that are produced in foreign countries and purchased by residents of…

Q: Calculate the average propensity to consume if consumption is $1800 and the income is $2200

A: The given information is:- Consumption = $1800 Income = $2200 We have to calculate APC

Q: The functional relationship between savings and income is known as _________ function

A: # Saving is one of the component of income which remains unconsumed.  Savings can be zero or even…

Q: Find the APC when consumption is said to be 192 and the income is 246

A: Basically in the given question Consumption value is = 192 Income is given = 246 APC = ?

Q: Calculate the value of Average propensity to save when the value of savings is $300 and the value of…

A: # The formula for the average propensity to save is given as:- = Savings / Income Saving and…

Q: If MPC Is 0.5 so what is MPS ( define as well)

A: A person's disposable income is divided into two parts: consumption and saving. Savings are also…

Q: If the MPC is given as 0.55 find the value of MPS.

A:

Q: Calculate the value of average propensity to save when savings is given to be as $400 and income is…

A: The average propensity to save is given as the savings per unit of income.  APS = S / Y

Q: If the value of MPC is 0.8, find the value of multiplier.

A: Multiplier refers to a proportionality factor that ascertains the level of change that an…

Q: calculate the value of MPS when MPC is given to be as 0.37

A: # The relationship between MPS and MPC is given to be as :- MPS + MPC = 1

Q: Calculate the value of Average propensity to save when the savings is $330 and the income is $1000

A: # The average value of the Savings done out of the income is referred to be as the average…

Q: GNP = $12,000 Consumption (C) = $7,500 Investment (I) = $1,400 Government Purchases (G) = $1,200 Tax…

A: GDP is the market value of goods and services produced within an economy in a given period of time.

Q: If the personal disposable income is 400 and the consumption expenditure is 320 find out the average…

A: As per the question, Generally the personal disposal income is = 400 CONSUMPTION EXPENDITURE = 320…

Q: If income is $1000 and consumption expenditure is $1200 then find the average propensity to save.

A: Given data: Income Y=$1000 Consumption C=$1200

Q: consumers receive an increase in income of $1,000, their spending will increase by a smaller amount…

A: Consumers can either spend their income or save it. They spend their income on the purchase of…

Q: Calculate the value of MPS when the value of MPC is given to be as 0.25

A: We know that the sum of marginal propensity to consume and the marginal propensity to save is always…

Q: Calculate the value of MPC. The value of MPS is given to be as 0.95

A: # Sum of MPC and MPS together taken gives 1 MPC+MPS = 1

Q: Calculate the value of MPC when MPS Is 0.41

A: # MPC measures the degree of change in consumption with respect to income and on the other hand MPS…

Q: Suppose that the level of GDP Increased by $100 bilion in a private closed economy where the…

A: Given information, Change in real GDP: $100 billion marginal propensity to consume: 0.80 To find:…

Q: Find MPC if MPS Is 0.18

A: AN INCOME IS SPLIT INTO TWO PARTS , MPS AND MPC , WHICH DEFINE THE CHANGE IN  CONSUMPTION AND SAVING…

Q: Calculate the value of MPS when the value of MPC is 0.13

A: The formula for MPS is given as:- MPS = 1 - MPC

Q: There is a direct relationship between spendable income and consumer spending

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Calculate multiplier if MPC is 0.77

A: The formula and calculation: Multiplier =11-MPC=11-0.77=4.34782609=4.35

Q: Use the Lagrange multiplier method to optimize the objective function xy subject to the constraint…

A: Utility is maximized where slope of indifference curve equals slope of budget constraint. Lagrange…

Q: suppose the value of the MPS is 0.92 find the value of the MPC

A: According to the given question The formula when we have to calculate the MPC when MPS is given…

Q: Find the value of K when MPS is = 0.79

A: Actually in the question K stands for Multiplier MPS = 0.79 Multiplier value to be calculated =?

Q: Assuming there is no government or foreign sector, if the multiplier is 5, the MPC is 1 0.4. 2 0.5.…

A: Answer: Correct option: option (3) 0.8 Explanation: MPC is 0.8

Q: If the personal disposable income is $122 and consumption expenditure is $50 find out the average…

A: Generally in the given question The value of personal disposal income is = $122 The consumption…

Q: The value of average propensity to save can be less than 0 True / False

A: Average propensity to save is calculated by:- APS = S/Y It is simply the ratio of savings to income.…

Q: If the MPC is 0.9 find the value of MPS using the formula

A:

Q: If mpc = 0.8 and the additional income is P12,000, how much is the additional consumption? How much…

A: MPC, marginal propensity to consume is the proportion of change in consumption spending due to…

Q: Q1. Calculate the value of multiplier  when mpc is 0.5.

A: Below is the value of marginal propensity to consume: MPC = 0.5 The formula for the Multiplier: K =…

Q: Use the information in the table below to answer questions about the economy of Watis. a. Complete…

A: Answer: Introduction: MPC (marginal propensity to consume): it refers to the change in consumption…

Q: Given the scatter diagram in Figure 8-1, what is the MPC (your best estimate)?   a.  1     b.  2/3…

A: MPC is marginal propensity to consume. It is percentage of income that is spent on consumption.

Q: Find average propensity to save if savings is $200 and income is $700

A: The data presented in the question above is:- Savings = $200 Income = $700 So it is clear that out…

Q: Find the average propensity to consume and consumption is given as $1300 and income is given as…

A: