Calculate the value of MPC given that:- MPS = 0.55

Q: Find the value of the multiplier when the value of MPC = 0.66

A:

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: 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: b) With an example, elaborate the consumption function

A: Consumption Function:- The link among consumer expenditure and the numerous variables that impact it…

Q: What are the relationships between TP, MP and AP curves?

A: The additional quantity of output produced as a result of using more input is referred to as…

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: A movement along the consumption function is the result of changes in*

A: Ans. 1 The Consumption Function or the Keynesian Consumption function is defined as an economic…

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: Calculate the value of MPS is 0.8 calculate MPC

A: # The formula for marginal propensity to consume is given as:- MPC = 1 - MPS

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: What does the consumption function show

A: In an economy, households are the people who serve their services as labor or as a self-employed…

Q: Calculate the Multiplier when the MPC is 0.97

A: Generally in the given question MPC is stated as = 0.97 Value of the multiplier needed to be…

Q: Calculate the value of income if consumption is $440 and the average propensity to consume Is 0.88

A: The given information is:- Consumption by household = $440 APC = 0.88 We have to calculate the value…

Q: Clearly explain the characteristics of the consumption function.

A: Consumption Function is defined as C=c¯+bY where  c¯ is autonomous consumptionb is marginal…

Q: What is the NPV?

A: Economics studies the production, distribution and allocation of resources. Engineering economics…

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: Find the value of change in investment if the value of multiplier is 5 and the change in national…

A: The information being given is as follows:- MULTIPLIER = 5 Change in national income = $1000 million…

Q: Calculate the value of MPC if the multiplier is given to be as 1.4

A: The value of multiplier is given as:- MULTIPLIER = 1 / Marginal propensity to save Also we know…

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 MPC when it is given that the value of MPS Is 0.66

A: # We know that when we do the summation of MPS and MPC we always get 1  That is:- MPS + MPC = 1

Q: Construct a consumption function from the data given here and determine the MPC.

A: In the Keynesian economics analysis, the equilibrium output level refers to that output level where…

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

A: # We know well that the sum of MPS and MPC is given as 1 MPS + MPC = 1

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: 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: Suppose the economy's saving schedule shifts from S1 to S 2 as shown in the above diagram. We can…

A: Saving: Saving is pay not spent or conceded utilization. Techniques for setting aside incorporate…

Q: Calculate multiplier if MPC is 0.77

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

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: 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: 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: Prove that the multiplier is equal to 1/(1-mpc)

A: We know Y = C + I and C = a + bY where  Y is income C is consumption  I is investment  a is…

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: 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: In an economy MPC equals to 0.85 if investment is increased by $20 how more would be the increase in…

A:

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 U.S. consumers become more optimistic about their future income and wealth, the consumption…

A: Definition of Consumption Function : Consumption function shows the consumption at different levels…

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

A:

Q: Which of the following is not a valid expenditure function? UP UP, None of these can be expenditure…

A: An expenditure function gives the lowest level of expenditure to be incurred by a consumer to attain…

Q: The autonomous consumption expenditures and autonomous investment expenditures in an economy are…

A: C= Ca + MPC*Y C= 600 + 0.7Y AE = C + I AE = 600 + 0.7Y + 350 AE= 950 + 0.7Y At equilibrium, Y= AE…

Q: In an hypothetical Economy, the consumption function is:- C = 100 + 0.3Y Calculate the value of…

A: According to the above given question, the consumption expenditure is given as:- C = 100 + 0.3Y We…

Q: If the consumption function is given by C=20+3/4 Y then the value of multiplier will be???

A: According to the given question In simple words we can say that the consumption function is an…

Q: Find the value of MPC if MPS is 0.4.

A: Given: Marginal propensity to save = 0.4

Q: Q.1.2 Should a measure of wealth be included in the consumption function and, if so, what should…

A: Consumption is process of using the resources available to you . It gives you some amount of utility…