Problem 10-01 (algo) The following table provides data for output (real GDP) and saving. a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and A places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to negative sign (-) in front of those numbers. X Answer is not complete. Level of Output and Income (GDP = DI) Consumption Saving АРС APS MPC MPS $480 488 $-8 520 524 O -4 0.9 0.1 O 560 0.9 O 0.1 O 560 0.9 0.1 600 596 4 0.9 0.10 640 632 O 0.9 0.1 680 668 O 12 0.9 O 0.1 O 720 704 O 16 0.9 0.1 760 740 O 20 0.9 O 0.1 800 776 O 24
Problem 10-01 (algo) The following table provides data for output (real GDP) and saving. a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and A places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to negative sign (-) in front of those numbers. X Answer is not complete. Level of Output and Income (GDP = DI) Consumption Saving АРС APS MPC MPS $480 488 $-8 520 524 O -4 0.9 0.1 O 560 0.9 O 0.1 O 560 0.9 0.1 600 596 4 0.9 0.10 640 632 O 0.9 0.1 680 668 O 12 0.9 O 0.1 O 720 704 O 16 0.9 0.1 760 740 O 20 0.9 O 0.1 800 776 O 24
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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how to get APC and APS
![Problem 10-01 (algo)
The following table provides data for output (real GDP) and saving.
a. Fill in the missing numbers (gray-shaded cells) in the table.
Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and APS to 3 c
places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to include
negative sign (-) in front of those numbers.
X Answer is not complete.
Level of Output
and Income (GDP =
DI)
Consumption
Saving
APC
APS
MPC
MPS
$480
488
$-8
520
524
-4
0.9
0.1
0.9
0.1
560
560
600
596
4
0.9
0.1
632
8
0.9
0.1
640
0.9
0.1
680
668
12
0.9
0.1
720
704
16
0.9
0.1
760
740
20
0.9
0.1
800
776
24](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0711e575-ac7e-4698-9842-43017c9fd247%2F5c725589-5123-4790-b3b9-f7092bf164cb%2F2te3hi8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 10-01 (algo)
The following table provides data for output (real GDP) and saving.
a. Fill in the missing numbers (gray-shaded cells) in the table.
Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and APS to 3 c
places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to include
negative sign (-) in front of those numbers.
X Answer is not complete.
Level of Output
and Income (GDP =
DI)
Consumption
Saving
APC
APS
MPC
MPS
$480
488
$-8
520
524
-4
0.9
0.1
0.9
0.1
560
560
600
596
4
0.9
0.1
632
8
0.9
0.1
640
0.9
0.1
680
668
12
0.9
0.1
720
704
16
0.9
0.1
760
740
20
0.9
0.1
800
776
24
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