Use the information in the table below to answer questions about the economy of Watis. a. Complete the table assuming that the MPC is constant. Remember to enter a minus (-) sign to indicate negative values. Y 50 50 80 100 150 10 200 30

Q: You are given the following data concerning planned expenditure on He C = 8.5 + 0.5 Yd TA = 0.25 Y +…

A: Disclaimer: “Since you have posted a question with multiple subparts, we will solve the first three…

Q: Find the value of the multiplier when the value of MPC = 0.66

A:

Q: Monica's current income went up from $100.000 to $105,000 and she increased her current

A: Given that, Monica's current income went up from $100,000 to $105,000  Her change in income =…

Q: The value of MPS is 0.87 Find the value of MPC

A: Given, MPS= 0.87

Q: Find MPC if MPS = 0.8

A: Given: Marginal propensity to save (MPS) = 0.8

Q: Explain the term random walk in consumption. Under what conditions will consumption follow such a…

A: Random walk in consumption:- Since consumers usually modify regular consumption whenever they get…

Q: If an individual saves $10,000 when his disposable income is $80,000. How much money does he…

A: Disposable income: Disposable income is the total income that is available to an individual for…

Q: Disposable Consumption income expenditure (€, thousands) (€, thousands) 200 220 300 300 400 380 500…

A: Disposable income refers to the income of households that is used to consume goods and services, and…

Q: disposable income i

A: Disposable income is the amount of income that a household or individual is left with after paying…

Q: What is constrains optimization, explain and discuss the significance of langrage multiplier.

A: Restricted optimization (called constraint optimization in some contexts) is the method of…

Q: What are the relationships between TP, MP and AP curves?

A: The additional quantity of output produced as a result of using more input is referred to as…

Q: Find the value of MPC when multiplier is stated as 0.97

A: MPC or the marginal propensity to consume is the percentage of consumer's income that the consumer…

Q: Price of advertising in newspapers and magazines are Rs.5 and Rs.10 respectively. The total budget…

A: General budget constraint can be Witten as follows. Substitute the respective values in Equation…

Q: Consider the following model of national income determination  C = 3000 + 0.75 (y- t) T = 1000 I=…

A: Equation for national income determination is Y =C + I + G + NX Given, C = 3000 + 0.75 (Y- T) T =…

Q: f a household’s income falls from R20 000 to R17 000 and its consumption falls from R18 000 to R15…

A: The marginal propensity to consume is a metric that quantifies induced consumption, the concept that…

Q: Find the value of consumption when autonomous consumption is 100 ,MPC is 0.6 And Y= 2000

A: Autonomous Consumption is the level of consumption that does not depend on the income level.  MPC is…

Q: Disposable Income (Y) $0 $100 $200 $300 $400 Consumption Spending (C) $100 $180 $260 $340 $420 $500…

A: The marginal propensity to consume is the change in consumption in response to change in the income…

Q: If the MPC is given as 0.55 find the value of MPS.

A:

Q: Calculate the value of average propensity to save when savings is given to be as $400 and income is…

A: The average propensity to save is given as the savings per unit of income.  APS = S / Y

Q: Consumption and Savings Functions Disposable Income Consumption Saving -50 100 200 400 a. Please…

A: Since you have posted a question with multiple sub-parts, we will solve the first question for you.…

Q: Minimizing costs implies that which of the following conditions are true? (check all that apply)…

A: Answer: Correct options: (1). MPL/w = MPK/r (2) MRTS = w/r Explanation: Cost minimizing condition: a…

Q: If the value of MPC is 0.8, find the value of multiplier.

A: Multiplier refers to a proportionality factor that ascertains the level of change that an…

Q: Calculate the value of MPC if the multiplier is given to be as 1.4

A: The value of multiplier is given as:- MULTIPLIER = 1 / Marginal propensity to save Also we know…

Q: calculate the value of MPS when MPC is given to be as 0.37

A: # The relationship between MPS and MPC is given to be as :- MPS + MPC = 1

Q: 3.Minimizing costs implies that which of the following conditions are true? (check all that apply)…

A: Firms are able to minimize cost when producers are able to determine the optimal mix of labor and…

Q: If the personal disposable income is 400 and the consumption expenditure is 320 find out the average…

A: As per the question, Generally the personal disposal income is = 400 CONSUMPTION EXPENDITURE = 320…

Q: if we are studying the relationship .4 between consumption (C) and disposable come (Yd), wealth (W)…

A: Given the results: Ci=20+0.75Ydi+0.01Wi here, Ydi is the disposable income of the individual Wi is…

Q: Calculate the value of MPS when the value of MPC is given to be as 0.25

A: We know that the sum of marginal propensity to consume and the marginal propensity to save is always…

Q: Calculate the value of MPC. The value of MPS is given to be as 0.95

A: # Sum of MPC and MPS together taken gives 1 MPC+MPS = 1

Q: What will be the value of average propensity to consume if income of household is $1350 and the…

A: The data presented in the question above is:- Income of household = $1350 Consumption done by…

Q: Suppose that the linear equation for consumption in a hypothetical eoonomy is: C-60+0.8Y. Also…

A: Consumption is the part of income that the consumer spends on buying goods and services. Saving is…

Q: Use the Lagrange multiplier method to optimize the objective function xy subject to the constraint…

A: Utility is maximized where slope of indifference curve equals slope of budget constraint. Lagrange…

Q: If the MPC is 0.31 find the value of the MPS

A:

Q: If a household’s income falls from R12 000 to R10 000, and its consumption falls from R9 500 to R8…

A: An individual earns income when serving his services in the market as labor, worker, or employee. An…

Q: Use the Lagrange multiplier method to optimize the objective function 30xy subject to the constraint…

A:

Q: The simple economy of Altria shown in the table below has no government or taxes and no…

A: Autonomous Investment: An investment that does not depends on the income/output or the rate of…

Q: Prove that the multiplier is equal to 1/(1-mpc)

A: We know Y = C + I and C = a + bY where  Y is income C is consumption  I is investment  a is…

Q: An increase in the MPC from 75% to 80% implies all of the following except which of the following?

A: The marginal propensity to consume would result in the ratio of the change in the consumption and…

Q: Q1. Calculate the value of multiplier  when mpc is 0.5.

A: Below is the value of marginal propensity to consume: MPC = 0.5 The formula for the Multiplier: K =…

Q: Consider an economy that is characterized by the following equations: C= 400 + 0.5 Yd I = 700 -…

A: Given; C= 400 + 0.5 Yd I = 700 - 4000i + 0.1Y G= 200 T= 200 (M/P)d = 0.75Y - 7500i (MP)= 600

Q: Calculate the value of MPC when MPS is given to be as 0.82

A: # The sum of bothe MPS and MPC is given to be as 1 MPS + MPC = 1

Q: alculate the value of MPS given that:- MPC = 0.31

A: MPC or Marginal Propensity to Consume is the change in the consumption when there is change in…

Q: 140 120 100 + C. 80 60 40 + S. 40 60 80 100 120 -20 -40 income: Q Given this diagram of Consumption…

A: At income level of 80, level of total desired consumption = 70 This can be easily read from the…

Q: Consumption 45 line C3 CA 45 Income Refer to the above diagram. The MPC and APC are both constant as…

A: Answer -

Q: The autonomous consumption expenditures and autonomous investment expenditures in an economy are…

A: C= Ca + MPC*Y C= 600 + 0.7Y AE = C + I AE = 600 + 0.7Y + 350 AE= 950 + 0.7Y At equilibrium, Y= AE…

Q: Given the scatter diagram in Figure 8-1, what is the MPC (your best estimate)?   a.  1     b.  2/3…

A: MPC is marginal propensity to consume. It is percentage of income that is spent on consumption.

Q: If the consumption function is given by C=20+3/4 Y then the value of multiplier will be???

A: According to the given question In simple words we can say that the consumption function is an…