Find the value of MPC if MPS is 0.4.

Q: Why might log (nox)and rooms be negatively correlated?

A: A negative correlation is a kind of correlation in which the two concerned variables move in the…

Q: Find consumption if income is $660 and APC is 0.67

A: The data presented in the question above is:- Income = $660  Average propensity to consume = 0.67…

Q: (eq.1) YC(YT) + I(r, Y) + G (eq.2) //=L(Y,r) (eq.3) T=tY Given that:Cy-T, Iy > 0, 0 0, Lr < 0,0 < t…

A: National income is the entire monetary worth of all the commodities and services a country produces…

Q: Find MPC if MPS = 0.8

A: Given: Marginal propensity to save (MPS) = 0.8

Q: e can expect the price of electic cars to : Decrease Remain Unchanged Increase It is impossible…

A: Two goods are called ‘substitutes’ to each other, if they can satisfy same need of the consumers…

Q: Define time preferences for consumption

A: The time preference of consumption shows the strength of satisfying the desire in present rather…

Q: Calculate the value of MPS is 0.8 calculate MPC

A: # The formula for marginal propensity to consume is given as:- MPC = 1 - MPS

Q: Find the APC when consumption is said to be 192 and the income is 246

A: Basically in the given question Consumption value is = 192 Income is given = 246 APC = ?

Q: An overheated economy is most likely to result in: price stability high inflation stagflation…

A: A country's economy often overheats when supply is less than the demand. The price of goods and…

Q: What is Nature of a Dummy Variable?

A: Dummy variable: - Dummy variable is a mathematical variable in the regression analysis which…

Q: Find APC if consumption is $300 and income is $3000

A: The information being given is:- Consumption = $300 Income = $3000 APC = ?

Q: Is this a good variable definition? YES OR NO ? IF NO than explain why?

A: Answer 1) Yes this is a good variable definition Reason: Since Colton likes to know the time when…

Q: The vending machine in Katherine's office building offers cans of pop and candies. Katherine's…

A: Answer: Given, Utility function: U=3PC Price of P PP=$1Price of candy PC=$0.5Total income…

Q: What is econometrix

A: Economics is a social science that studies how individuals, businesses, governments, and societies…

Q: The value of MPS is 0.87 Find the value of MPC

A: # We know that the sum of MPS and MPC is 1  MPS + MPC = 1

Q: Find APC if consumption is $300 and income is $3000.

A: Given data: Consumption, C=$300 Income, Y=$3000

Q: If disposable income is $ 1000 and consumption expenditure is $ 750, find out APS.

A: Disposable income = 1000 dollars Consumption expenditure = $750

Q: Calculate the value of MPC. The value of MPS is given to be as 0.95

A: # Sum of MPC and MPS together taken gives 1 MPC+MPS = 1

Q: Solve for the MPK, assuming that the MPL in the production of smartphones is 50 per smartphone per…

A: with the given information, MPL = 50 MRTS = 1/4

Q: Find MPC if MPS Is 0.18

A: AN INCOME IS SPLIT INTO TWO PARTS , MPS AND MPC , WHICH DEFINE THE CHANGE IN  CONSUMPTION AND SAVING…

Q: What are the three specific desirable characteristics of an estimator?

A: Three specific desirable characteristics of an estimator are: Unbiasedness - An unbiased estimator…

Q: Households' consumption function is: C=100+0.7Y Households are more pessimistic about the future and…

A: "In the consumption function C=100+0.7Y, 100 represents the consumption function intercept and 0.7…

Q: af the sampled population has a mean of 48 and standard deviation of 16, then respectively the mean…

A: Correlation coefficient - It is the measure of correlation that is present between two variables is…

Q: If the MPC -0.85, what is the value of the MPS? Provide an answer which is accurate to two places to…

A: The objective of the question is to calculate the Marginal Propensity to Save (MPS) given the…

Q: If the MPC is 0.31 find the value of the MPS

A:

Q: Find consumption if income is $300 and APC is 0.43

A: The information being given is:- Income = $300 Average propensity to consume = 0.43 We have to…

Q: For each of the following transactions, determine which U.S. balance of payments account is credited…

A: e) Current account = -$10+ $25 = $15 million (credits are added and debited are minus-ed) Financial…

Q: write a short note about the following variables and support your answers by giving examples for…

A: Total Fixed Cost (TFC) - Total fixed cost is the cost which does not change with the change in…

Q: If the value of MPC is 0.25 Find the value of MPS.

A: Given data: MPC is 0.25

Q: HDI vs GNI formula to create scatterplot

A: HDI also called Human Development Index is a measure of average achievements of various human…

Q: Calculate the value of MPC when MPS is given to be as 0.82

A: # The sum of bothe MPS and MPC is given to be as 1 MPS + MPC = 1

Q: What happens to the mulitiplier as the MPC falls

A: The relationship between proportionate change in aggregate spending and proportionate change in…

Q: if the value of MPC is 0.29 Find the value of MPS

A: Generally in the given question MPC is given as = 0.29 So the value of MPS is needed = ?