Level of Output and Income (GDP = DI) Consumption Saving АРС APS MPC MPS $240 $. $-4 260 280 4 300 8 320 12 340 16 360 20 380 24 400 28

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A: In economics, a multiplier generally refers to an economic factor that induces or adjusts many other…

Q: nultiplier the multiplier emains the same. remains the same. lecreases. decreases. ncreases.…

A: A) OPTION C IS CORRECT

Q: Find the disposable income when the consumption is $210 in the saving our $ 190

A:

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

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Q: Find out the value of the multiplier if the MPC is zero?

A: Generally in the given question, MPC is = zero MULTIPLIER = ?

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Q: Suppose the MPC is 0.8. The government wants to decrease Total Spending by $600. How should it…

A: MPC=0.8 Total Spending=$600 Multilplier= Change in Y/Change in G=1/1-MPC 600/Change in G=1/1-MPC

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Q: Find the value of change in income if change in consumption is $600 and MPC is 0.67

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Q: Consider the following economy: Y+C+I+G Y=8000 G=2500 T=2000 C=1000+2/3(Y-T) I=1200-10,000r…

A: Consumption function  C = c(bar) + mpc*(Y-T)

Q: What can we predict about the effect on consumption of an increase in government spending? A)…

A: Consumption function is a sum of autonomous consumption and imputed consumption.

Q: Find the value of change in income if change in investment is $200 and Multiplier is 6

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A: MPC = Marginal Propensity to consume.

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