If consumption expenditure is $3100 and savings is $1800 Calculate income

Q: In an economy,  MPC = 0.81 Calculate the value of MPS

A: The information being given is the value of Marginal propensity to consume is 0.81  We have to…

Q: In an economy investment increases by 120 billion. The value of multiplier is 4. Calculate MPC.

A: Below is the given values: Increase in the investment = 120 billion Multiplier = 4 MPC = ?

Q: Explain the difference between induced consumption expenditure and autonomous consumption…

A: Expenditure incurred by the consumers for consumption irrespective of their income is termed as…

Q: What is the type of consumption of household spending which is independent

A: Consumption is referred to as the usage of goods and services by individuals.

Q: If consumption is $300 and savings is $400 What will be the income?

A: The information being given is:- Consumption = $300 Savings = $400 We need to calculate the value of…

Q: Provide an interpretation for how consumption is related to income in the following: consumption =…

A: Marginal propensity to consume is the proportion of the disposable income that a person wants to…

Q: The rise in consumption is by $590 and the rise in income is by $700 Calculate MPC

A: The information given is as follows:- Change in Consumption = $590 ( positive )  Change in income =…

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: hoose the letter of the correct answer. The value for PERSONAL INCOME is  a. 391 b. 392 c. 393 d.…

A: Gross Domestic Product (GDP) is the value of final goods and services produced in the domestic…

Q: Calculate consumption if APC is 0.88 and income is $400

A: The information being given is:- Average propensity to Consume = 0.88 Income = $400 Consumption = ?

Q: Which COMPONENTS (IF ANY) of U.S. GDP (consumption C, investment I, government spending G, and/or…

A: We know ,                              Y = C + I + G + NX…

Q: Find the consumption expenditure National income = 7000 Autonomous consumption = 1300 MPC = 0.4

A: Generally in the given question, National income is valued as = 7000 Autonomous consumption is given…

Q: When a business buys a new computer to design its product, this spending is called?   A. Goverment…

A: Expenditure- It is the amount that is spent on something. It is divided into four parts i.e.…

Q: In an economy the change in income is $6600 and change in investment is $3600 Calculate multiplier

A: The information being given is:- Change in income = $6600 Change in investment = $3600 We have to…

Q: (o Calculate MPC, MPS and APC from the following data: Income (Y) Consumption 100 95 110 104

A:

Q: U.S. business inventories increase Business inventories in the United States rose​ 0.4% in July…

A: 1) A planned increase in inventories​ brings a decline in the firm's production along with a decline…

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: 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: If Y = 500 TL, c = 80% and C0 = 30, what is the consumption expenditure?

A: A consumption function shows the functional relationship between total consumption and total…

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: Calculate the value of income if consumption is $2000 and savings is $1200

A: The Given information is as follows:- Consumption expenditure = $2000 Savings expenditure = $1200 We…

Q: What is the level of private consumption in GDP is 10,000, investment is 2,900, government spending…

A: The GDP is the value of all the final goods and services that are produced in an economy in a given…

Q: The value of MPC is 0.76  Calculate the value of MPS

A: We are given that:- Marginal propensity to consume = 0.76 Also we know that the sum of MPS and MPC…

Q: Explain why an economy's income must equal its expenditure.

A: The total expenditure refers to the total amount of money spent by the firm, individual or…

Q: Calculate the value of income if APC is 0.51 and the consumption expenditure is $6400

A: The given information is as follows:- Average propensity to consume = 0.51  Consumption expenditure…

Q: How is it possible for consumption expenditure to be positive even when disposable income is zero?

A: The consumption function gives the relationship between consumption and disposable income.

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: Calculate consumption expenditure given that:- APC = 0.16 Income = $5000

A: The data presented in the question above is:- Average propensity to consume = 0.16   Income = $5000…

Q: If household spend $105 billion on goods and $95 billion on services. How much in revenues do…

A: Below is the given information. Spending by the household on goods = $105 Spending by the household…

Q: National economy is characterised by the following data: Private consumption C- 400 + 0.6*Y, Gross…

A: The National Income depicts the total income earned by normal residents during a year within or…

Q: Calculate the value of APC when Consumption is given to be $230 and the income is $500

A: Consumption = 230 Income = 500

Q: Suppose Google plans to produce 10.2 million Pixel phones this year. The company expects to sell 7.6…

A: Production planned = 10.2 million Expected sales = 7.6 million Sales done at the end of year = 8.4…

Q: Which one of the following is NOT a possible relationship between income and spending Select one: a.…

A: The equation that shows the relationship between the income and spending is written as C=a+bYd Yd is…

Q: Calculate income if consumption is $120 million and Savings is $66 million.

A: Given data: Consumption is $120 million. Saving is $66 million.

Q: In an economy S = -60 + 0.2Y and the invesment is 5000 calculate the 1)Equilibrium level of the…

A:

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: uestion 1: In an economy C = 350 + 0.75 Y is the consumption function where C is consumption…

A: We measure the output of an economy using the gross domestic product. GDP or the gross domestic…

Q: . Calculate

A: Marginal propensity to consume (MPC) is being defined as the share of additional income which a…

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: If consumption is $5000 and income is $10,000 Calculate APC

A: The information being given is:- Consumption = $5000  Income = $10,000  We have to calculate the…

Q: If in an economy MPC is 0.8 and investment increase by $1000 million, calculate total increase in…

A: The marginal propensity to consume, MPC = 0.8 The increase in the investment = $1000

Q: Calculate income if consumption is $120 million and Savings is $66 million

A: The information being provided to us is as follows:- Consumption = $120 million Saving = $66 million…

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: In an economy investment multipier increase by 120 billion. The value of multiplier is 4. Calculate…

A: The investment increase by = 120 billion Value of multplier (K) = 4

Q: In the country of Marzipana, disposable income in Year 1 was $56,000 million and in Year 2 was…

A: Here, it is given that when income changes by $100, consumption will change by $70. It implies that,…

Q: What is household consumption expenditure reflecting in terms of GDP of a country? What it indicates…

A:

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: 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: 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…