1. Given the following table. Income (RM million) Consumption (RM million) 100 100 150 200 200 300 250 400 300 500 350 a. How much is autonomous consumption in the economy? РОСО puch nyestment should be increased to achieve an income of RM400 million? SHOT ON POCO F2 PRO c. Calculate the MPS.

1. Given the following table. Income (RM million) Consumption (RM million) 100 100 150 200 200 300 250 400 300 500 350 a. How much is autonomous consumption in the economy? РОСО puch nyestment should be increased to achieve an income of RM400 million? SHOT ON POCO F2 PRO c. Calculate the MPS.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

a)How much is autonomous comsumption in the economy b)How much investment should be increased to achieve an income of RM 400 million

1. Given the following table.
Income (RM million)
Consumption (RM million)
100
100
150
200
200
300
250
400
300
500
350
a. How much is autonomous consumption in the economy?
ь РОСО
SHOT ON POCO nyestment should be increased to achieve an income of RM400 million?
c. Calculate the MPS.

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