Math It Graph It Write It Consumption and Savings Functions Disposable Income Consumption Saving 50 -50 100 150 100 700 300 so 100 150 200 250 400 Please complete the table (assume linear functions). b. How much is Autonomous Consumption and Autonomous Savings? С. How much is mpc, mps, and E ? m. d. Write out the consumption function and the savings function. е. Using the data from the table, please graph the consumption and savings schedules in a model. For an increase in disposable income of $2000, using the current mpc, show five rounds of increase in planned expenditure. f.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.3P
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For parts B, C, D, E

Worksheets 239
Math It Graph It Write It
Consumption and Savings Functions
Disposable Income
Consumption
Saving
50
00
150
so
100
150
000
a. Please complete the table (assume linear functions).
b.
How much is Autonomous Consumption and Autonomous Savings?
C.
How much is mpc, mps, and E?
Write out the consumption function and the savings function.
e.
Using the data from the table, please graph the consumption and savings schedules in a model.
For an increase in disposable income of $2000, using the current mpc, show five rounds of increases
in planned expenditure.
B.
Transcribed Image Text:Worksheets 239 Math It Graph It Write It Consumption and Savings Functions Disposable Income Consumption Saving 50 00 150 so 100 150 000 a. Please complete the table (assume linear functions). b. How much is Autonomous Consumption and Autonomous Savings? C. How much is mpc, mps, and E? Write out the consumption function and the savings function. e. Using the data from the table, please graph the consumption and savings schedules in a model. For an increase in disposable income of $2000, using the current mpc, show five rounds of increases in planned expenditure. B.
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