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Y C 3. The following table shows income (Y) and consumption (C): Calculate: 100 105 L 125 110 II. 160 125 III. Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Average propensity to save (APS) 200 140 4. Compute the Gross National Product (GNP) in I. II. Income approach Expenditure Approach a. Government R.O 5500 b. Total Rent of the land RO 3000 c. Export R.O 6500 d. Wages R.O 4000 e. Amount of Interest on capital R.O 3600- f. Consumption R.O 5100 g. Profits R.O 4800 h. Investments i. Import R.O 3400 R.O 6300

Y C 3. The following table shows income (Y) and consumption (C): Calculate: 100 105 L 125 110 II. 160 125 III. Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Average propensity to save (APS) 200 140 4. Compute the Gross National Product (GNP) in I. II. Income approach Expenditure Approach a. Government R.O 5500 b. Total Rent of the land RO 3000 c. Export R.O 6500 d. Wages R.O 4000 e. Amount of Interest on capital R.O 3600- f. Consumption R.O 5100 g. Profits R.O 4800 h. Investments i. Import R.O 3400 R.O 6300

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Y C 3. The following table shows income (Y) and consumption (C): Calculate: 100 105 L 125 110 II. 160 125 III. Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Average propensity to save (APS) 200 140 4. Compute the Gross National Product (GNP) in I. II. Income approach Expenditure Approach a. Government R.O 5500 b. Total Rent of the land RO 3000 c. Export R.O 6500 d. Wages R.O 4000 e. Amount of Interest on capital R.O 3600- f. Consumption R.O 5100 g. Profits R.O 4800 h. Investments i. Import R.O 3400 R.O 6300
Transcribed Image Text:Y C 3. The following table shows income (Y) and consumption (C): Calculate: 100 105 L 125 110 II. 160 125 III. Marginal Propensity to Consume (MPC) Marginal Propensity to Save (MPS) Average propensity to save (APS) 200 140 4. Compute the Gross National Product (GNP) in I. II. Income approach Expenditure Approach a. Government R.O 5500 b. Total Rent of the land RO 3000 c. Export R.O 6500 d. Wages R.O 4000 e. Amount of Interest on capital R.O 3600- f. Consumption R.O 5100 g. Profits R.O 4800 h. Investments i. Import R.O 3400 R.O 6300
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