In an economy,  MPC = 0.81 Calculate the value of MPS

Q: Suppose you have been hired as a management consultant by a major oil company to help it optimally…

A: "GDP or gross domestic product represents the market value of all the final goods and services…

Q: Calculate the value of APC when the value of consumption is 300 and income is 700

A: # We know that the average propensity to consume is given by the formula:- APC = C/Y Which is the…

Q: The value of MPS is 0.93 Calculate MPC

A: We know that given the value of MPS we can easily calculate the value of MPC using the…

Q: General Motors Corporation (a U.S.-based firm) produced a Saab vehicle in Sweden in 2009, and sold…

A: This can be defined as a concept that shows the total production of products and services in an…

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 net exports if exports is $120 million and imports is $66 million

A: According to the above given question, the values given are:- Exports = $120 million Imports = $66…

Q: If net exports are $300 and in the country the exports are double that of imports Calculate the…

A: According to the above mentioned question, the values are:- Net exports = $300 million Also the…

Q: Suppose the following information was published by the Australian Bureau of Statistics in 2017:…

A: Here, according to the given information, one can compare the Australian GDP in 2017 using the…

Q: The following table lists the per gallon prices of gas and milk for 1 e months of September,…

A: The Consumer Price Index (CPI) is an estimation of the average change over time in the prices paid…

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: 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 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: 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: Calculate the value of APC when Consumption is $315 and the value of income is $850

A: # The value of APC is given as:- APC = Consumption/Income

Q: Calculate consumption expenditure given that:- APC = 0.16 Income = $5000

A: The data presented in the question above is:- Average propensity to consume = 0.16   Income = $5000…

Q: Calculate MPS The value of MPC is 0.62

A: In the question the value of Marginal propensity to consume is given to be as 0.62 We have to…

Q: Calculate the value of consumption if income is $5000 and savings is $3600

A: According to the above given question, the values given are:- Income = $5000  Savings = $3600 We…

Q: If the value of net exports is -30 Million and value of exports is $20 million Calculate the value…

A: We are clearly given that the value of net exports is -30 Million which is negative.  Also the value…

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: 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: A country has just one resource - labor - that it can use to produce two goods, books and clothing.…

A: Answer-

Q: Suppose that consumers purchase fish and computer chips. In 2010, 1 pound of fish cost $1, a…

A:

Q: That part of income which is either consumed or saved by all the households in an economy is called

A: Given data: That part of income which is either consumed or saved by all the households in an…

Q: Calculate APC when consumption is $210 and the income is $500

A: Here, given information is: Consumption: $210 Income: $500 To find: average propensity to consume

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

A: Given data: MPC is 0.25

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: What is household consumption expenditure reflecting in terms of GDP of a country? What it indicates…

A:

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: Calculate imports in 2020, if exports in 2020 were $21,000 and the net exports is $11,500

A: The information being given is as follows:- Exports in 2020 = $21,000 Net exports = $11,500  We have…

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: The graph says: Clothing (units per week) 14 12 10- Food (units per week) You are willing to give up…

A: In the realm of economics, opportunity cost pertains to the worth of the most favorable alternative…

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 = ?

Q: How do you calculate potential GDP when you are given this chart?

A: Potential GDP = 14 trillions

Q: Calculate the value of net exports if exports are $100 million and the imports are $73 million

A: Net exports are a part of GDP of a country. Net exports are excess of exports over imports. Net…