If income is $1000 and consumption expenditure is $1200 then find the average propensity to save

Q: If you make $800 from a lucrative side business selling snack food in dorms, how much would you save…

A: Given  Total Earning = $800 MPC = 0.75 We know that  MPS + MPC = 1 Where MPS is Marginal propensity…

Q: If the income level is 120 and total savings for that level is 40 find the average propensity to…

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Q: What are the various factors which influence propensity to consume

A: Marginal propensity to consume is the ratio of change in consumption to the change in income  MPC =…

Q: Monica's current income went up from $100.000 to $105,000 and she increased her current

A: Given that, Monica's current income went up from $100,000 to $105,000  Her change in income =…

Q: What is your MPC? Would a welfare recipient and a millionaire have the same MPC? What determines a…

A: MPC=∆C∆Y MPC(Marginal Propensity to Consume) is the ratio of the change in consumption(C) and the…

Q: Define the multiplier and the marginal propensities to consume (MPC) and save (MPS).

A: The consumption function is used to explain the relationship between consumption and disposable…

Q: If an individual saves $10,000 when his disposable income is $80,000. How much money does he…

A: Disposable income: Disposable income is the total income that is available to an individual for…

Q: If the multiplier is 5 , what is the marginal propensity to save (MPS)? 5 0.20 0.80 0.50

A: The value of multiplier is given to be as = 5  We have to calculate the value of marginal propensity…

Q: If your income increases from $40,000 to $48,000 and your consumption increases from $35,000 to…

A: Answer to the question is as follows :

Q: Calculate the value of marginal propensity to save when the change in savings is $350 and the change…

A: # According to the question we need to calculate the value of Marginal propensity to save.  We know…

Q: If the value of multiplier is 32 find the MPC and MPS.

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Q: If the MPC is 0.29 what would be the value of MPS do it fast?

A: The use of products and services by households is called consumption in economics. Consumption is…

Q: From the information below calculate aggregate demand; Consumption (C) = $200 + 0.6Y…

A: Aggregate demand refers to the total quantity of demand for all finished goods and services produced…

Q: If the consumption function is given by C=20+3/4 Y then the value of multiplier will be???

A: According to the given question In simple words we can say that the consumption function is an…