If the personal disposable income is 400 and the consumption expenditure is 320 find out the average propensity to save

Q: Addul has no income, he spend #500 of his income is #2000, he then spend #1900, what is his…

A: Disposable income can be defined as the income available to the consumers after they pay the tax and…

Q: Define time preferences for consumption

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

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: Consumers become pessimistic about the state of the economy and futureproductivity growth.

A: If consumers become pessimistic about the state of the economy and futureproductivity growth, the…

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: find the budget expenditure when the plan expenditure is $86222 and the non plan expenditure is…

A: Generally in the given question, Plan expenditure value is = $86222 Non plan expenditure is = $53910…

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: consumer spending (concept)

A: Consumer spending is the total money spent on final goods and services by individuals and households…

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: In year one,  Adam earns $1,000 and saves $100. In year 2, Adam gets a $500 raise so that he earns a…

A: MPC or marginal propensity to consume is the change in consumption of a person due to change in his…

Q: Name the two components of budget in an economy

A: In simple words we can say that the component of budget refers to the overall structure of the…

Q: What is econometrix

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

Q: Consumption/Savings 1000 800 600 400 200 0 -200 200 400 Select one: 800 1000 1200 1400 1600 Refer to…

A: The consumption function depicts household spending relative to their disposable income, capturing…

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

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

Q: Price SA 60 50 ÖÖÖ 30 20 'T $0 $20 $40 $60 I I 1 I 0 4 8 12 16 MR MC D What is the Deadweight Loss…

A: A monopoly is the kind of market where a single firm monopolizes the production of certain…

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: Saving is setting aside money you don't spend now for emergencies or for a future purchase. In an…

A: Savings function is a mathematical representation of the relationship between the disposable income…

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: 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: 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 APC is 0.63 and consumption is $1000 Calculate income

A: The term APC stands for Average Propensity to consume. It refers to the ratio between consumption…

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

A:

Q: According to the law of demand, what is the relationship between price and quantity demanded?

A: The quantity demanded for a product is given as follows:Qx = f(Px,Py,M,Z)Qx: Quantity demanded for…

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

A: Given data: MPC is 0.25

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: Aggregate saving (in billions SA 205 -100 -200 S 400 800 900 Aggregate income (in billions) Y

A: Keynesianism has made strides in its ability to solve economic downturns by government intervention,…

Q: If consumption of household is $3500 and income is $5000 Calculate saving

A: The information being given is:- Consumption of household = $3500 Income = $5000 Saving = ?

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: 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 = ?