Suppose disposable income increases from $7 trillion to $8 trillion. At the same time, consumption expenditure increases from $6.8 trillion to MPC must equal Thus the O $7.8 trillion; 0.60 O $7.6 trillion; 0.80 O $7.4 trillion; 0.40 $8 trillion; 1.00
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A: C = a + by (consumption function)
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- Only typed answer Holly's break-even level of income where her consumption equals disposable income is $980 and her MPS is 0.17. If her actual disposable income is $1,337, her level of consumption spending must be $Suppose that disposable income, consumptio, and saving in some country are $ 200 billion, $ 150 billion, and $ 50 billion respectively. Next, assume that disposobal income increase by $ 20 billion, consumption rises by $ 18 billion, and saving goes up by $ 2 billion. a) What is the economy's MPC? What is its MPS? Instructions: Round your answers to 1 decimal place. b) What was the APC before the increase in disposable income? Instructions: Round your answer to 2 decimal places. What was the APC after the increase. ( round your answer to 3 decimal places).The table below provides income and consumption data in billions of dollars: Disposable Income Consumption Savings 100 80 --- 200 150 --- What is the level of consumption when income is $300 billion? A) $200 billion B) $240 billion C) $210 billion D) $60 billion
- ADVANCED ANALYSIS Suppose that the linear equation for consumption in a hypothetical economy is C = 60 + 0.75Y. Also suppose that income (Y) is $600. Determine the following values: Instructions: For parts a, b, d, and f, round your answers to 2 decimal places if necessary. For parts c and e, enter your answers as a whole number. a. MPC = b. MPS = c. Level of consumption = $ d. APC = e. Level of saving = $ f. APS =The table below provides Income and consumption Data in billions of dollars. Answer questions below based on it.Disposable Consumption SavingsIncome100 80 --------200 150 --------- What is the level of consumption when income is $300 billion? Group of answer choices $200 billion $240 billion $210 billion $60 billionIf consumption expenditures are $1800 million, gross investment is $450 million, imports are $350 million, exports are $180 million, government expenditure on goods and services is $120 million, and government transfer payments are $180 million and net taxes are $250 million; d) How much is the disposable income? e) Calculate the national savings.
- Suppose that disposable income consumption and saving in some countries are 200 billion, 150 billion and 50 billion respectively.  Next, assume that disposable income increases by 20 billion, consumption rises by 18 billion, in saving goes up by 2 billion. What is the economies MPC? It’s MPS? What was the APC before the increase in disposable income? After the increase? Suppose the MPC in an economy is 0.65 The APC is initially 0.5 and disposable income is $8 billion If disposable income incieases to $17 billon, what is the new level of saving?In an economy MPC equals to 0.2 if the investment increases by $ 100 billion calculate the increase in income?
- 1.If a person income was 1560 Rial and his new income is 2250 Rial. His old consumption was 840 and new consumption is 1350. Please calculate the MPC and MPS.a. Fill in the missing numbers in the table. b. What is the break-even level of income in the table? What is the term that economist use for the saving situation shown at the $240 level income? c. For each of the following items, indicate whether the value in the table is either constant or variable as income changes: the MPS, the APC, the MPC, the APS. Level of Output and Income (GDP=DI) Consumption Savings APC APS MPC MPS $240 $ $-4 $260 $0 $280 $4 $300 $8 $320 $12 $340 $16 $360 $20 $380 $24 $400 $28suppose that the was experiencing a recession and the government inject R50 billion, resulting in a total change in real GDP of R200 billion. calculate MPC?
