Consumption/Savings 1000 800 600 400 200 O -200 S 200 400 600 1000 1200 1400 1600 efer to the graph above to answer this question. What is the value of the MPS? A 0.5. B 0.4. 0.25. D 0.2. E -100. Income

Q: Find the savings when the income is 80 and the consumption is 60

A: Generally in the given question, Income value is = 80 Consumption value is = 60 Savings = ? Needed

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A:

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A: Given information is: Savings: $190 Consumption: $210 To find: disposable income

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Q: If your income level were $40,000, how much would you save?

A: Saving represents the proportion of income that is not used for consumption purposes.

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Q: Saving is that part of income which is not consumed.  True/False

A: # income can be broken into two parts where one part is consumption and one part is Savings.

Q: Do not use chatgpt.

A: Hello there! Here is a detailed explanation as to how I came up with my answer. Independent checks…

Q: Thanks you, U explained very well

A: Thank you for the feed back.

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Q: None

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