The table shows disposable income and consumption expenditure in an economy. Calculate saving when disposable income equals $200 billion. Over what range of disposable income does consumption expenditure exceed disposable income? Calculate autonomous consumption expenditure. >>> Answer to 1 decimal place. When disposable income is $200 billion, saving is______billion dollars. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. When disposable income is greater than $800 billion, consumption expenditure exceeds disposable income. Autonomous consumption expenditure equals$___billion. Disposable income Consumption expenditure (billions of dollars) 200 350 400 500 600 650 800 800 1,000 950
The table shows disposable income and consumption expenditure in an economy. Calculate saving when disposable income equals $200 billion. Over what range of disposable income does consumption expenditure exceed disposable income? Calculate autonomous consumption expenditure. >>> Answer to 1 decimal place. When disposable income is $200 billion, saving is______billion dollars. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. When disposable income is greater than $800 billion, consumption expenditure exceeds disposable income. Autonomous consumption expenditure equals$___billion. Disposable income Consumption expenditure (billions of dollars) 200 350 400 500 600 650 800 800 1,000 950
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
The table shows disposable income and consumption expenditure in an economy.
Calculate saving when disposable income equals
$200
billion. Over what range of disposable income does consumption expenditure exceed disposable income? Calculate autonomous consumption expenditure.>>> Answer to 1 decimal place.
When disposable income is $200 billion, saving is______billion dollars.
>>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
When disposable income is
greater than $800 billion, consumption expenditure exceeds disposable income.
Autonomous consumption expenditure equals$___billion.
|
Disposable
income
|
Consumption expenditure
|
|
(billions of dollars)
|
|
|
200
|
350
|
|
400
|
500
|
|
600
|
650
|
|
800
|
800
|
|
1,000
|
950
|
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