1 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). Y C 1000 1500 2000 2600 3600 3000 4800 3900 5500 4200 6200 4800

1 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). Y C 1000 1500 2000 2600 3600 3000 4800 3900 5500 4200 6200 4800

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 1.1CE

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Question

Q-1 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).

Y C
1000 1500
2000 2600
3600 3000
4800 3900
5500 4200
6200 4800

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