Fill in the aggregate saving column in the following table. (Include a minus sign if necessary.) Aggregate Income, Aggregate Consumption, Aggregate Saving, Y $0 $200 $ - 200 100 250 - 150 200 300 - 100 300 350 50 400 400 500 450 50 600 500 100 The value of the MPC is 0.5. (Round your response to one decimal place.) The graph of the function C = 200 + 0.5Y has a y-intercept of and a slope of The graph of the function S = -200 + 0.5Y has a y-intercept of and a slope of The intersection of the 45-degree and C = 200 + 0.5Y lines occurs at an aggregate income level equal to $ The S = - 200 + 0.5Y line intersects the x-axis where savings equal zero, this occurs at an aggregate income level equal to $ The value of the MPS is 0.5. (Round your response to one decimal place.)

Fill in the aggregate saving column in the following table. (Include a minus sign if necessary.) Aggregate Income, Aggregate Consumption, Aggregate Saving, Y $0 $200 $ - 200 100 250 - 150 200 300 - 100 300 350 50 400 400 500 450 50 600 500 100 The value of the MPC is 0.5. (Round your response to one decimal place.) The graph of the function C = 200 + 0.5Y has a y-intercept of and a slope of The graph of the function S = -200 + 0.5Y has a y-intercept of and a slope of The intersection of the 45-degree and C = 200 + 0.5Y lines occurs at an aggregate income level equal to $ The S = - 200 + 0.5Y line intersects the x-axis where savings equal zero, this occurs at an aggregate income level equal to $ The value of the MPS is 0.5. (Round your response to one decimal place.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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