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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), E- Average propensity to save (APS). (show your calculations, write the answers to 2 decimal places) Y C S MPC MPS APC APS S = MPC = MPS = APC = APS = 300 360 410 400 600 510 800 250 1050 0.32

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), E- Average propensity to save (APS). (show your calculations, write the answers to 2 decimal places) Y C S MPC MPS APC APS S = MPC = MPS = APC = APS = 300 360 410 400 600 510 800 250 1050 0.32

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.1P
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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),

E- Average propensity to save (APS). 

 

(show your calculations, write the answers to 2 decimal places)                

Y

C

S

MPC

MPS

APC

APS

 

 

 S =

 MPC =

 MPS =

 APC =

APS =

300

360

        

 

410

400

        

 

600

510

        

 

800

  

250

      

 

1050

      

0.32

  

 

 

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