The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below Aggregate output (Y) C I G Aggregate Expenditure AE 0 20 30 10 100 100 30 10 200 180 30 10 300 260 30 10 400 340 30 10 500 420 30 10 600 500 30 10 700 580 30 10 1 1 Mark What is the value of MPC 2 1 Mark What is the value of MPS 3 1 Mark What is the value of autonomous consumption (Ca)
The table below shows aggregate expenditure in the short-run, answer the following questions in the spaces provided below
|
|
C |
I |
G |
Aggregate Expenditure AE |
|
0 |
20 |
30 |
10 |
|
|
100 |
100 |
30 |
10 |
|
|
200 |
180 |
30 |
10 |
|
|
300 |
260 |
30 |
10 |
|
|
400 |
340 |
30 |
10 |
|
|
500 |
420 |
30 |
10 |
|
|
600 |
500 |
30 |
10 |
|
|
700 |
580 |
30 |
10 |
|
|
1 |
1 Mark |
What is the value of MPC |
|
|
2 |
1 Mark |
What is the value of MPS |
|
|
3 |
1 Mark |
What is the value of autonomous consumption (Ca) |
|
|
4 |
1 Mark |
Write the consumption function |
|
|
5 |
1 Mark |
What is the amount of equilibrium consumption |
|
|
6 |
1 Mark |
What is the amount of saving when Y = 200 |
|
|
7 |
1 Mark |
What is the amount of autonomous expenditure |
|
|
8 |
1 Mark |
What is the amount of equilibrium expenditure |
|
|
9 |
1 Mark |
What is the size of expenditure Multiplier |
|
|
10 |
1 Mark |
What is the value of unplanned inventory when Y = 350 |
|
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