Q: Find the disposable income when the consumption is $210 in the saving our $ 190
A:
Q: Calculate the value of APC when Consumption is given to be $230 and the income is $500
A: We can calculate the value of Average propensity to consume by didi Consumption by savings. APC = C…
Q: What is the type of consumption of household spending which is independent
A: Consumption is referred to as the usage of goods and services by individuals.
Q: What is it mean by full price and income when discussing household consumption?
A: Household consumption includes all purchases or consumption made to meet their daily needs by…
Q: The rise in consumption is by $590 and the rise in income is by $700 Calculate MPC
A: The information given is as follows:- Change in Consumption = $590 ( positive ) Change in income =…
Q: Draw a consumption function for an individual whereS=-250+0.3Y. Show the change that would result…
A: We have given the saving function for an individual,S =-250 + 0.3Ywhere S is saving and Y is income.…
Q: Calculate consumption if APC is 0.88 and income is $400
A: The information being given is:- Average propensity to Consume = 0.88 Income = $400 Consumption = ?
Q: The value of MPC is 0.21 Find the value of MPS
A: # The relationship between MPS and MPC is :- MPS = 1 - MPC This is because the sum of MPS and MPC is…
Q: What would be the value of income if consumption is $600 and APC is 0.77
A: According to the above mentioned question, the values are:- Consumption expenditure = $600 Average…
Q: 1. A bakery is considering investing in a new oven. The oven has a cost of $14,000 and is expected…
A: Given that;Initial cost of the oven: $14,000Additional profits generated per year: $2,000Lifespan of…
Q: Calculate change in consumption when change in income is $300 and the MPC is 0.42
A: The information being given is as:- Change in income = $300 MPC = 0.42 Change in consumption = ?
Q: # Calculate MPC when it is given that the value of MPS Is 0.66
A: # We know that when we do the summation of MPS and MPC we always get 1 That is:- MPS + MPC = 1
Q: Calculate the value of income if consumption is $2000 and savings is $1200
A: The Given information is as follows:- Consumption expenditure = $2000 Savings expenditure = $1200 We…
Q: Disposable income Consumption (dollars) expenditure (dollars) 0 100 300 500 700 900 In the above…
A: Savings, disposable income, and consumption are all interconnected concepts in economics. The…
Q: The value of MPC is 0.76 Calculate the value of MPS
A: We are given that:- Marginal propensity to consume = 0.76 Also we know that the sum of MPS and MPC…
Q: Calculate the value of income if APC is 0.51 and the consumption expenditure is $6400
A: The given information is as follows:- Average propensity to consume = 0.51 Consumption expenditure…
Q: The change in consumption is $300 and change in income is $1000 Find the value of MPC
A: The marginal propensity to consume (MPC) measures the proportion of a unit of the consumer's income…
Q: If consumption and savings are $300 and $150 respectively Calculate income of household
A: The data presented in the question above is:- Consumption = $300 Savings = $150 Income of the…
Q: Calculate the value of consumption if APC is 0.31 and income is $4499
A: The given information is as follows:- Average propensity to consume = 0.31 Income of the household =…
Q: Find change in consumption if MPC is 0.92 and the change in income is $2200
A: MPC is the marginal propensity to consume which shows the proportion of income spent on consumption.
Q: Calculate income if consumption is $120 million and Savings is $66 million.
A: Given data: Consumption is $120 million. Saving is $66 million.
Q: Calculate the value of change in consumption if change in income is $2200 and MPC is 0.34
A: (Q) Calculate the value of change in consumption if a change in income is $2200 and MPC is 0.34
Q: What would be the value of APC if consumption is $2000 and income is $5000
A: (Q) What would be the value of APC if consumption is $2000 and income is $5000?
Q: What is the effect on MPE, if there is an increase in a) MPC b) MPS c) MPM ) MTR
A: MPE stands for marginal propensity to expend. MPS stands for marginal propensity to save MPC stands…
Q: Calculate the value of MPC given that:- MPS = 0.55
A: # We get the relationship between MPC and MPS as:- MPS + MPC = 1
Q: Find the saving when the income is 50 and consumption is 60
A: Actually in the question Income level is = 50 Consumption is stated as = 60 Savings needed = ?
Q: If consumption expenditure is $3100 and savings is $1800 Calculate income
A: According to the above mentioned question, we have:- Consumption expenditure = $3100 Savings = $1800…
Q: For a given household, the value of change in consumption is $2500 and the change in income is $6200…
A: The data given to us is:- Change taking place in consumption = $2500 Change taking place in income =…
Q: Calculate income if consumption is $120 million and Savings is $66 million
A: The information being provided to us is as follows:- Consumption = $120 million Saving = $66 million…
Q: If change in consumption is $350 and change in income is $720 Find APC
A: The information being given is:- Change in Consumption = $350 Change in income = $720 We have to…
Q: If MPC is 0.12 and the change in income is $3300 Calculate change in consumption
A: The information being given is:- Marginal propensity to consume = 0.12 Change in income = $3300 We…
Q: Find the level of savings when consumption is $610 and the income is $111
A: Generally in the given question Consumption amount is =$610 Income is = $111 Savings = ?
Q: it is given that the ratio of APS to APC is 2/7 Calculate the ratio of Consumption to savings
A: # APS is also known as average propensity to save and it is given by the ratio of savings to income…
Q: Calculate the value of consumption if APC is 0.31 and income is $4499.
A: Given data: Average propensity to consume, APC=0.31 Income is $4499.
Q: Calculate APC when consumption is $230 and Income is $600
A: The data presented in the question above is:- Consumption = $230 Income= $600 The average…
Q: Calculate the value of income, If consumption is $4000 and APC is 0.13
A: The given information is as follows:- Consumption = $4000 APC = 0.13 We have to calculate income
Q: The change in consumer spending is 160 and the change in disposable income is 200. Calculate the…
A: The information given is:- Change in consumer spending = 160 Change in disposable income = 200 We…
Q: Find the value of APC when the amount of consumption level is $80 and the level of income is $70?
A:
Q: Find the value of MPC if MPS is 0.4.
A: Given: Marginal propensity to save = 0.4
Find the value of change in income if change in consumption is $600 and MPC is 0.67
Step by step
Solved in 2 steps
