The table gives you information about the economy of Bluebird Island. Disposable Consumption expenditure income What is the marginal propensity to consume? (millions of 2012 dollars) 80 The marginal propensity to consume is 100 140 >>> Answer to 2 decimal places. 200 200 300 260
Q: What are the various factors which influence propensity to consume
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A: Formula: Marginal propensity to consume = 1-Marginal propensity to save
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- Study the scenario and complete the question(s) that follow(s):SilesiaYou are provided with the following information about an imaginary economy called Silesia. Use the information provided in the table to answer the questions below.Government expenditure 400 Exports 250 Autonomous imports 50 Autonomous consumption 150 Investment Expenditure 300 Full- mployment output 2040 Marginal propensity to consume 0.75 Marginal propensity to import 0.15 Tax rate 0.25Source: Bester, N. 2017.5.1 Derive and calculate the consumption function for the data provided. Show all formulas and calculations used. 5.2 Calculate autonomous spending. Show all formulas and calculations used.5.3 Calculate the multiplier. Show all formulas and calculations used. Round off your final answer to 1 decimal.The table below provides Income and consumption Data in billions of dollars. Answer question below based on it.Disposable Consumption SavingsIncome100 80 --------200 150 --------- Using information from question 21, calculate the marginal propensity to consume for the economy?At an income of $100,000, I spent $90,000 on consumer goods. When my income rose to $200,000, I spent $160,000 on consumer goods. My marginal propensity to consume is:
- Monica's current income went up from $100.000 to $105,000 and she increased her current consumption by $2100. What is her marginal propensity to consume?Prove and interpret the following. Marginal Propensity to Consume + Marginal Propensity to Save = 1 WV = 2/3 UV (Where UV=300)The table below provides Income and consumption Data in billions of dollars. Answer question below based on it.Disposable Consumption SavingsIncome100 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
- Given the following information, answer the question. Autonomous consumption = R100 million Investment spending = R300 million Government spending = R200 million Taxes = R60 million Marginal propensity to consume = ¾ The equilibrium level of output and income is equal to ______. Select one: A. R2 160 million B. R2 580 million C. R2 640 million D. R2 220 millionThe marginal propensity to consume is is .3 find the marginal propensity to save.Consider the following economy: Y+C+I+G Y=8000 G=2500 T=2000 C=1000+2/3(Y-T) I=1200-10,000r 1) How large is the subsistence consumption of households? 2) What is the MPC(marginal propensity to consume) in this economy? What is its economic interpretation?
- What is ? 1-)Unemployment 2-)Population 3-)Marginal Propensity To ConsumeSuppose that Jane’s income increases from $1700 per month to $2350. At the same time, her consumption changes from $950 per month to $1300 month. What is Jane’s marginal propensity to consume? (Round your answer to two decimal places.)Find the consumption expenditure from the following:- Autonomous consumption = $300 Marginal propensity to consume = 0.44 National income = $2000