Calculate consumption if APC is 0.88 and income is $400

Q: E=C+I+G Expenditure m equilibrium, Income 'Y' is equal to 'AE. fY=$1265, C- $660, and 1= $325, solve…

A: A closed economy is one that has no exchanging movement with outside economies. The closed economy…

Q: If consumption is $220 and income is $460 Calculate APC

A: According to the above mentioned question, we have:- Consumption = $220  Income = $460  We have to…

Q: Monica's current income went up from $100.000 to $105,000 and she increased her current

A: Given that, Monica's current income went up from $100,000 to $105,000  Her change in income =…

Q: Find the value of consumption when autonomous consumption is 300 the value of MPC is 0.9 and income…

A: Generally in the given question Value of autonomous consumption = 300 Value of MPC = 0.9 Income =…

Q: Explain the relationship between MPL and MC

A: Marginal Product of Labor (MPL): - it is the change in total production due to the employment of an…

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

A: Given, MPS= 0.87

Q: Give the equation for a linear consumption function?

A: According to the given question Simply we can say that a linear consumption function is an function…

Q: What could be the reason of shifting of consumption line upward from 1 to 3 as it is plotted in the…

A: An increase within the level of consumption at each level of disposable income shifts the…

Q: If an individual saves $10,000 when his disposable income is $80,000. How much money does he…

A: Disposable income: Disposable income is the total income that is available to an individual for…

Q: Disposable Consumption income expenditure (€, thousands) (€, thousands) 200 220 300 300 400 380 500…

A: Disposable income refers to the income of households that is used to consume goods and services, and…

Q: disposable income i

A: Disposable income is the amount of income that a household or individual is left with after paying…

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: Find the value of change in income if change in consumption is $600 and MPC is 0.67

A: According to the above given question, the information given is as follows:- Change in consumption =…

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: C = 400 + 0.80Y and I = 200, then the level of consumption at equilibrium income is equal to

A: Equilibrium level of income: Y = C + I + G + NX where, Y is the income C is the consumption  I is…

Q: Induced consumption is: (a) the part of consumption which is independent of the level of income.…

A: Induced consumption refers to the part of the consumption that is dependent on disposable income.

Q: Find the value of consumption when autonomous consumption is 100 ,MPC is 0.6 And Y= 2000

A: Autonomous Consumption is the level of consumption that does not depend on the income level.  MPC is…

Q: Calculate change in consumption when change in income is $300 and the MPC is 0.42

A: The information being given is as:- Change in income = $300  MPC = 0.42 Change in consumption = ?

Q: Disposable Income (Y) $0 $100 $200 $300 $400 Consumption Spending (C) $100 $180 $260 $340 $420 $500…

A: The marginal propensity to consume is the change in consumption in response to change in the income…

Q: ECONOMICS In an economy the consumption function is C=500+0.75 Y, where C is consumption expenditure…

A: Equilibrium level of income  means when aggregate demand is equals to aggregate supply (AD=AS) and…

Q: Which of the following is an example of an investment expenditure? A   Steve purchases a new power…

A: Investment Expenditure is the expenditure on purchase of capital goods by individual, firm and…

Q: Find the value of change in income if change in investment is $200 and Multiplier is 6

A: The information being given is:- Change in investment = $200 Multiplier = 6 Change in income = ?

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 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: The change in consumption is $300 and change in income is $1000 Find the value of MPC

A: The marginal propensity to consume (MPC) measures the proportion of a unit of the consumer's income…

Q: Solve for the MPK, assuming that the MPL in the production of smartphones is 50 per smartphone per…

A: with the given information, MPL = 50 MRTS = 1/4

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: Find change in consumption if MPC is 0.92 and the change in income is $2200

A: MPC is the marginal propensity to consume which shows the proportion of income spent on consumption.

Q: Calculate the value of change in consumption if change in income is $2200 and MPC is 0.34

A: (Q) Calculate the value of change in consumption if a change in income is $2200 and MPC is 0.34

Q: What is the effect on MPE, if there is an increase in a) MPC b) MPS c) MPM ) MTR

A: MPE stands for marginal propensity to expend. MPS stands for marginal propensity to save MPC stands…

Q: Draw the consumption function as the relation of the consumer's income and expenditure. What does…

A: Consumption refers to the process of using and consuming by purchasing goods and services from the…

Q: Calculate the expected change in GDP if the federal government announces it will spend an additional…

A: Change in the government expenditure=$80 million Marginal propensity to consume(MPC)=0.6 Change in…

Q: Identify any three non‐income determinants of consumption

A: The consumption function shows the functional association between the gross national income and…

Q: If in an economy the consumption level is given as $110 while the disposable income is $220 find…

A:

Q: Consider the following consumption function: C= 100 + 0.65YD- At what level of disposable income…

A: Given; Consumption function; C=100+0.65YD Desired level of savings= 0 Y=CD+SD where; Y=…

Q: The value of consumption is $1000 and income is $2200  Calculate the value of average propensity to…

A: The given information is as follows:- Consumption = $1000 Income = $2200 This means out of $2200,…

Q: An increase in the MPC from 75% to 80% implies all of the following except which of the following?

A: The marginal propensity to consume would result in the ratio of the change in the consumption and…

Q: The upward-sloping TVC curve explains why an increase in production increases the TC.

A: According to the production theory, a firm always works towards maximizing its profit and a firm…

Q: The Consumption at zero level of income is called

A: # We must know that even when the consumers have zero disposable income, at such point also some…

Q: The MPC is 0.41  If change in consumption is $650 find the change in income

A: The information being given is:- Marginal propensity to consume = 0.41 Change in consumption = $650…

Q: Consider an economy that is characterized by the following equations: C= 400 + 0.5 Yd I = 700 -…

A: Given; C= 400 + 0.5 Yd I = 700 - 4000i + 0.1Y G= 200 T= 200 (M/P)d = 0.75Y - 7500i (MP)= 600

Q: Calculate the value of MPC when MPS is given to be as 0.82

A: # The sum of bothe MPS and MPC is given to be as 1 MPS + MPC = 1

Q: If MPC is 0.12 and the change in income is $3300  Calculate change in consumption

A: The information being given is:- Marginal propensity to consume = 0.12  Change in income = $3300 We…

Q: Find the level of savings when consumption is $610 and the income is $111

A: Generally in the given question Consumption amount is =$610 Income is = $111 Savings = ?

Q: Find the value of MPC if the value of the MPS is given as 0.33

A:

Q: The consumption demand function merely states that as income goes up, households consume all their…

A: Keynes psychological law of consumption clearly point the effect of increase in income on…

Q: Calculate APC when consumption is $230 and Income is $600

A: The data presented in the question above is:- Consumption = $230  Income= $600 The average…

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Q: if the value of MPC is 0.29 Find the value of MPS

A: Generally in the given question MPC is given as = 0.29 So the value of MPS is needed = ?