Refer to the information provided in Table 8.1 below to answer the questions that follow. Aggregate Income ($billion) Aggregate Consumption ($billion) 0 100 50 140 100 180 150 220 200 260 Refer to Table 8.1. Society's MPC is Group of answer choices 0.20 0.90 0.95 0.80 Refer to Table 8.1. Society's MPS is Group of answer choices 0.05 0.20 0.80 0.10 Refer to Table 8.1. The equation for the aggregate consumption function is Group of answer choices C = -100 + 0.45Y. C = 100 + 0.95Y. C = 100 + 0.8Y. C = 100 + 0.75Y. Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be Group of answer choices $50 -$60. -$80 $60
Refer to the information provided in Table 8.1 below to answer the questions that follow. Aggregate Income ($billion) Aggregate Consumption ($billion) 0 100 50 140 100 180 150 220 200 260 Refer to Table 8.1. Society's MPC is Group of answer choices 0.20 0.90 0.95 0.80 Refer to Table 8.1. Society's MPS is Group of answer choices 0.05 0.20 0.80 0.10 Refer to Table 8.1. The equation for the aggregate consumption function is Group of answer choices C = -100 + 0.45Y. C = 100 + 0.95Y. C = 100 + 0.8Y. C = 100 + 0.75Y. Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be Group of answer choices $50 -$60. -$80 $60
Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section9.A: The Simple Algebra Of Income Determination And The Multiplier
Problem 4TY
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Refer to the information provided in Table 8.1 below to answer the questions that follow.
|
Aggregate Income ($billion) |
Aggregate Consumption ($billion) |
|
0 |
100 |
|
50 |
140 |
|
100 |
180 |
|
150 |
220 |
|
200 |
260 |
Refer to Table 8.1. Society's MPC is
Group of answer choices
0.20
0.90
0.95
0.80
Refer to Table 8.1. Society's MPS is
Group of answer choices
0.05
0.20
0.80
0.10
Refer to Table 8.1. The equation for the aggregate consumption function is
Group of answer choices
C = -100 + 0.45Y.
C = 100 + 0.95Y.
C = 100 + 0.8Y.
C = 100 + 0.75Y.
Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be
Group of answer choices
$50
-$60.
-$80
$60
Refer to Table 8.1. Assuming society's MPC is constant at an aggregate of income of $300, aggregate consumption would be ________.
Group of answer choices
$325.
$340.
$305.
$425.
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