Disposable                  Consumption                 Savings Income 100                                 80                                    -------- 200                                 150                                  --------- Using information from question 21, calculate the marginal propensity to consume for the economy? a. 0.8 b. 0.2 c. 0.3 d. 0.7

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Q: Marginal Propensity to Consume + Marginal Propensity to Save = 1

A: The marginal propensity to save lots of (MPS) is that the portion of every extra dollar of a…

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Q: Сonsider a hyрothetical ecoпоту described by the following information: C = = 500 = 100 G = 200 T =…

A:

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A: In the above questions, we have used the formula : MPC = ∆C / ∆ Y  Multiplier = 1/ 1- MPC

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A: To get the MPC: Given consumption function: C = 100 + 0.75Yd, which is of the form C = c+ bY.

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Q: What is the value of marginal propensity to consume (mpc)? What does it mean?

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Q: The economic researcher defined the consumption function as follow: C = $600 billion + 0.9Y. a. What…

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A:

Q: Given Co = 400 and MPC = 0.70. Find Consumption when yd = 2000 and when Yd = 3000. b) Given the…

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Q: Given the following table, which shows income and consumption levels for periods 1 through 7, what…

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Q: 3. For a closed economy, the following data is given: 50 + 0.8Y, Consumption C %3D Investment I 70…

A:

Q: 6. Explain that the sum total of marginal propensity to consume (c) and marginal propensity to save…

A:

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A: Answer is given in single paper so...i have uploaded

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