DI($) | CS($) | MPC($) = CS/DI |
5000 | 4800 | |
5500 | 5100 | 0.6 [i.e. 300 / 500] |
6000 | 5500 | 0.8 [i.e., 400 / 500] |
6500 | 5800 [i.e., 5500 + (500 * 0.6)] | 0.6 |
6875 [i.e.,6500 + (300 / 0.8)] | 6100 | 0.8 |
Fill in the missing information in the table below. MPC Disposable income ($) 5,000 5,500 6,000...
10 Fill in the missing information in the table below. Disposable income ($) Consumption spending (S) 9, 900 10 MPC points 10, e00 11, 600 11, 10 13, 200 12, 300 14,000 0.8 eBook 13,900 0.6 Print References
Use the table below to determine the MPC and MPS. Disposable Income Consumption Saving $1000 $1100 -$100 2000 1600 400 3000 2100 900 1. Using the above information, what is the MPC and MPS when the DI is 3000? MPC = MPS = 2. What equation could you use to determine the Multiplier, using MPC and MPS? Multiplier = Multiplier = 3. If there is an initial investment spending of $5,000; what would the total change in GDP...
Table C_6 Disposable Income and Consumption Saving (S) O Disposable income (Y) Consumption (C) 1000 2,000 TI T LLLLL 5,000 _ 12,000 13.000 T L Refer to Table C_6. Assuming MPC=0.6, the break-even level of disposable income=_.(Do not enter a $ sign. Include a negative sign, if a negative number)
6. The marginal propensity to consume (mpc) is the: A, amount by which disposable income increases when consumption increases by $1 B. amount by which consumption increases when disposable income increases by $1 percentage by which consumption increases when disposable income increases by 1% D, percentage by which disposable income increases when consumption increases by 1% 7. Data on output and planned aggregate expenditure in Macroland are given below. 2,000 3,000 4,000 5,000 6,000 2,300 3,200 4,100 5,000 5,900 Based...
If the MPC in an economy equals 0.8, and disposable income falls by $100, consumption spending will fall by _____. A. $8.00 B. $0.80 C. $80 D. $20 E. $500
Fill in the blanks in the table below. Assume that MPC is constant for everyone in the economy. MPC Spending Multiplier Change in government spending Change in income 100 $15 20 $2,000 0.6 -$400 0.5 $450 $900
4. Using the above information. Fill in the remaining two columns. Disposable Income APC APS MPC MPS $1000 1.0 0.0 ------------- ------------- 1500 0.93 .07 2000 0.90 0.10 2500 0.88 0.12 5. Based off your findings. What is the Multiplier at a disposable income of $2000? 6. If the initial spending is $10,000; what would be the total change in GDP be?
3. Fill in the blanks in the table below. Assume that MPC is constant for everyone in the economy. MPC Spending Multiplier Change in income Change in government spending $15 100 20 $2,000 0.6 -$400 $450 0.5 $900
3. Fill in the blanks in the table below. Assume that MPC is constant for everyone in the economy. MPC Spending Multiplier Change in government spending Change in income 100 $15 20 $2,000 0.6 -$400 0.5 $450 $900
3. Fill in the blanks in the table below. Assume that MPC is constant for everyone in the economy. MPC Spending Multiplier Change in government spending Change in income 100 $15 20 $2,000 0.6 -$400 0.5 $450 $900