Household's saving function= Autonomous saving + MPS(Y)
Autonomous saving = -500
MPS = (0-(-500))/ (1000)= 500/1000= 0.5
Household's saving function = -500 + (0.5)Y
Hence,option(B) is correct.
D Question 2 1 pts Refer to the information provided in Figure 8.1 below to answer...
Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 1) Refer to Figure 8.1. The equation for this household's saving function is a) S = -1,000 + 0.8Y. b) S = -300 + 0.25Y. c) S = -200 + 0.8Y. d) S = -500 + 0.5Y. Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 2) Refer to Figure 8.1. This household consumes $2,000...
DI Question 3 1 pts Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 Refer to Figure 8.1. At income level $1.500, this household's saving is this household's consumption is zero. than (to) zero and D less than; greater than D greater than: less than O greater than: greater than D equal to: equal to
Refer to the information provided in Table 8.1 below to answer the questions that follow. Table 8.1 1) Refer to Table 8.1. Society's MPC is a) 0.80. b) 0.05. c) 0.90. d) 0.95. 2) Refer to Table 8.1. Society's MPS is a) 0.05. b) 0.10. c) 0.95. d) 0.20. 3) Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be a) -$70. b) $70. c) $50. d) -$30. Refer to the information provided in Figure...
DQuestion 13 1 pts Refer to the information provided in Figure 8.3 below to answer the questions that follow Aggregate income (Y) Figure 8.3 Refer to Figure 8.3. The equation for the aggregate consumption function is O C-80+0.6Y O C-140 +0.5Y
Refer to the information provided in Figure 8.1 below to answer the questions that follow Aggregate output, Y hilonsofdollars) Figure 8.1 Refer to Figure 8.1. This household saves-$300 at an income level of 8 O $125.
D | Question 24 1 pts Refer to the information provided in Figure 8.9 below to answer the questions that follow. 200+--- 175 e 150 100 200 300 Agsregate output ($ millions) Figure 8.9 Refer to Figure 8.9. At aggregate output level $300 million, there is a O $75 million unplanned increase in inventories O $100 million decrease in inventories. O $100 million increase in inventories.
Refer to the information provided in Figure 8.2 .below to answer the questions that follow Jerry's Consumption Function E Jerry's consumption 45° Q Y Y, Jerry's Income Figure 8.2 Refer to Figure 8.2. Jerry's equals his at Point A Select one a. consumption; income b. consumption; saving C. saving; income d. All of these
Refer to the information provided in Figure 3.7 below to answer the questions that follow $4 Price of pizza B C Dz 0 •D, D₂ Number of plazas per month Figure 3.7 Refer to Figure 3.7. An increase in demand is represented by the movement along D2 from Point B to Point C. from D2 to Di. along D2 from Point B to Point A. from D2 to Dz. Refer to the information provided in Figure 13.3 below to answer...
Question 5 1 pts Refer to the information provided in Figure 8.2 below to answer the questions th 45* Figure 8.2 Refer to Figure 8.2. The line segment BD represents Jerry's
If Lily's consumption function is of the form C 100 0.8Y, her saving equals zero at an income level of O 500. O 800. O cannot be determined from the given information D Question 10 1 pts Refer to the information provided in Table 8.2 below to answer the questions that follow Table 8.2 150 Refer to Table 8.2. The equation for t O s -150+ 0.85Y C s--150 0.2Y O s- -100 0.1Y the aggregate saving function is S-100...