Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) E- Average propensity to save (APS). Y C S MPC MPS АРС APS 200 260 360 300 480 390 550 420 620 480

Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) E- Average propensity to save (APS). Y C S MPC MPS АРС APS 200 260 360 300 480 390 550 420 620 480

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

Q-1 The following table shows income and consumption:
Calculate:
A- Saving (S),
B- Marginal propensity to consume (MPC),
C-Marginal propensity to save (MPS),
D- Average propensity to consume (APC)
E- Average propensity to save (APS).
Y
S
MPC
MPS
АРС
APS
200
260
360
300
480
390
550
420
620
480

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