Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) and E- Average propensity to save (APS). 410
Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) and E- Average propensity to save (APS). 410
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 1QR
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![Q-1 The following table shows income and consumption:
Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C- Marginal propensity to save (MPS), D-
Average propensity to consume (APC) and E- Average propensity to save (APS).
YCSMPCMPS/APCAPS
300 360
410 400](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F518b664a-4dc8-4c10-9e46-ae4a87a2acba%2Fc40b7b21-e807-4aff-9b56-7645e179c6c9%2Fcaubf6_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Q-1 The following table shows income and consumption:
Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C- Marginal propensity to save (MPS), D-
Average propensity to consume (APC) and E- Average propensity to save (APS).
YCSMPCMPS/APCAPS
300 360
410 400
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