Make sure to show your work to get credit.1. Assume:Yd = $194,000%Db = .90a = $ 8,000A)What is consumption (C) ?B)What are savings (S) ?C)What is APC ?D)What is APS ?

Yd = 194,000 b = 0.90 a = 8,000

Answered: Make sure to show your work to get…

Make sure to show your work to get credit. 1. Assume: Yd = $194,000 b = .90 a = $ 8,000 A)What is consumption (C) ? B)What are savings (S) ? C)What is APC ? D)What is APS ?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Make sure to show your work to get credit.
1. Assume:
Yd = $194,000
%D
b = .90
a = $ 8,000
A)What is consumption (C) ?
B)What are savings (S) ?
C)What is APC ?
D)What is APS ?

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