Assume that autonomous consumption is $1,625 billionand disposable income is $11,500 billion. Calculateconsumption expenditure if an increase of $1,000 indisposable income leads to an increase of $750 inconsumption expenditure.

Q: At equilibrium expenditure, unplanned change in inventories must be positive O True False

A: At equilibrium expenditure, aggregate expenditure is equal to real GDP.

Q: In Altus, income rose by $80 billion over the past year. During the same period, its aggregate…

A: Here we calculate the MPE , MLR and multiplier by using the given information , so the calculation…

Q: Disposable Income $0 50 100 150 200 Consumer Spending $10 ch A) What is the MPC? 90 130 170 B) When…

A: The marginal propensity to consume (MPC) is a concept in economics that represents the proportion of…

Q: Find the value of multiplier when MPC is equals to 0.70

A:

Q: Find multiplier if MPC is 0.2

A: Given: MPC is 0.2

Q: Consumption expenditures are a function of disposable income the real interest rate autonomous…

A: Consumption is the total amount of products and services that a person utilises to fulfil their…

Q: Explain the difference between induced consumption expenditure and autonomous consumption…

A: Hi, since you have asked multiple questions we will answer the 1st one for you.  a) The difference…

Q: Because of the multiplier, a one-time change in expenditure will generate more additional real GDP…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Calculate the marginal propensity to consume The marginal propensity to consume is >>> Answer to 1…

A: Aggregate planned expenditure is the sum of consumption (i.e.,C), investment (i.e., I), government…

Q: Assume autonomous consumption is Gh¢ 400 million, autonomous investment is Gh¢ 300 million and…

A: i.) Equilibrium national income: Equilibrium national income can be calculated as follows: Thus,…

Q: C = 150+ 0.8YD Ī= 210 G = 600 TR= 300 t = 0.25

A: Aggregate expenditure: The aggregate expenditure represents the current market value of all the…

Q: If the value of investment multiplier is 1 what will be the value of MPC

A: The information being provided is:- Investment multiplier = 1 MPC = ? We have to find the value of…

Q: At equilibrium expenditure, unplanned change in inventories must be positive True False

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

Q: Autonomous Consumption R535m Marginal propensity to consume is 0.75 Investment Spending R322m…

A: For the question asked there are certain terms given to data which are:- Government Spending=G…

Q: In an economy investment expenditure increased by 20 billion and the marginal propensity to consume…

A: As per the question, Increase in investment expenditure = 20 billion MPC or marginal propensity to…

Q: Find the value of change in income if change in investment is $200 and Multiplier is 6

A: The information being given is:- Change in investment = $200 Multiplier = 6 Change in income = ?

Q: Suppose an economy has a marginal propensity to consume of 0.66 along with $38,039 consumption…

A: After paying all applicable taxes to the federal, state, and local governments as well as any other…

Q: How is it possible for consumption expenditure to be positive even when disposable income is zero?

A: The consumption function gives the relationship between consumption and disposable income.

Q: Calculate multiplier if MPC is 0.77

A: The formula and calculation: Multiplier =11-MPC=11-0.77=4.34782609=4.35

Q: In an economy, income rises by $10,000 as a result of rise in investment Expenditure by $1000.…

A: The given information is as follows:- Rise in income = $10,000 Rise in investment expenditure =…

Q: In an economy S = -60 + 0.2Y and the invesment is 5000 calculate the 1)Equilibrium level of the…

A:

Q: The table shows disposable income and saving in an economy. Calculate consumption expenditure at…

A: 1. **Calculating Consumption Expenditure**: Consumption expenditure is the portion of disposable…

Q: Explain the difference between induced consumption expenditure and autonomous consumption…

A: Consumption expenditure is the expenditure incurred by the household sector on the purchase of final…

Q: Is the following statement TRUE or FALSE? Please provide reason for the answer. The positive…

A: Disposable income is the left amount in hand after paying taxes . And it is used for consumption of…

Q: Calculate the value of consumption expenditure from the following:- National income = $6000…

A: The information provided to us is as follows:- National income = $6000 Autonomous consumption =…

Q: Calculate autonomous consumption expenditure from the following date about an economy which is In…

A: Gross domestic product is the total market value of goods and services produced in an economy during…

Q: Find the consumption expenditure from the given information:- Autonomous consumption- 100…

A: # Lets first consider the concept of consumption expenditure. It refers to the spending on goods and…

Q: Q1. Calculate the value of multiplier  when mpc is 0.5.

A: Below is the value of marginal propensity to consume: MPC = 0.5 The formula for the Multiplier: K =…

Q: Consider the table given below. The marginal propensity to consume is a. 0.2 b. 0.4 c. 0.6 d. 0.8…

A: In economics, the marginal propensity to consume is a metric that quantifies induced consumption,…

Q: Calculate the value of Multiplier if change in income is $2300 and the change in investment is $700

A: The data presented in the question above:- Change in income = $2300 Change in investment = $700  The…

Q: The spreadsheet gives real GDP (Y) and its components in billions of dollars. Calculate equilibrium…

A: To calculate the equilibrium expenditure and complete the table, we need to find the sum of the…