YCS MPC | MPS APC | APS S=MPC = MPS = APC =APS = 300 360 410 400 600 510 800 250 1050 0.32

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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).
(show your calculations, write the answers to 2 decimal places)
YCS
АРС | АPS
S= MPC = MPS = APC =APS =
МРС
MPS
300 360
410 400
600 510
800
250
1050
0.32
Transcribed Image Text: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). (show your calculations, write the answers to 2 decimal places) YCS АРС | АPS S= MPC = MPS = APC =APS = МРС MPS 300 360 410 400 600 510 800 250 1050 0.32
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