Q: 10
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What would be the value of APC if Consumption is $3300 and income is $10,000
A: The data presented in the question above is:- Consumption = $3300 Income = $10,000 We need to…
Q: d. $300
A: Budget constraint is defined as the different combinations of goods and services that a consumer can…
Q: What is the procedure for calculating net income?
A: The net income is also known as net profit. The net income implies the amount which is left over…
Q: The household has an income of $10000 and it's consumption is also $10,000 Calculate APC
A: The information being given is:- Income (Y) = 10,000 Consumption (C) = 10,000 So both values are…
Q: Calculate the value of APC when Consumption is given to be $230 and the income is $500
A: We can calculate the value of Average propensity to consume by didi Consumption by savings. APC = C…
Q: Suppose MPC of John is 3/4 if his breakeven occurs at 7000 how much John needs to borrow if his…
A: The consumption function is written as: C= a+bY Here, a is autonomous consumption b is MPC The…
Q: Do households make a distinction between spending for current expenses and spending for capital…
A: The households can distinguish between capital expenditure and current expenditure. Capital…
Q: What is the type of consumption of household spending which is independent
A: Consumption is referred to as the usage of goods and services by individuals.
Q: 06
A: We know that Supply chain refers to the network between supplier & firm to distribute products…
Q: IF the amount of the APS is 0.6 calculate the APC???
A: Average propensity to consume is the ratio of consumption and the national income. Whereas, average…
Q: Circular flow of income. Explain: 1. Household 2. Leakages. 3. MPC
A: The circular flow of income, also known as circular flow, is an economic model in which important…
Q: Calculate the value of APS when the savings are given as 62 and the income is 8
A: Accordingly the information in the question, Savings are = 62 Income = 8 APS = ?
Q: What's the meaning of income
A: Meaning of Economics: The term economics refers to the situation under which there remain…
Q: You categorize spending for this month into four categories: Rent, Food, Fun, and Other. The…
A: The given figure depicts the following: 38% of total spending is made on rent 31% of total spending…
Q: Calculate the value of savings if APS is 0.45 and income is $1200
A: In the above question, we are given with the values as:- Average propensity to save = 0.45 Income =…
Q: Below is some data for Jane. Year 1: pr 15, X 20, py = 25, Y = 30 Year 2: pr 6,Py 30, Income = 1050…
A: Year 1 Pr (X) + Py (Y ) is less than M Putting the values we get , 15(20) + 25(30) = 300 + 750 =…
Q: What will be the Savings given that income is $3200 and APS is 0.48
A: The data presented in the question above is:- Income = $3200 Average propensity to save = 0.48…
Q: Suppose Tom is 20 years old. He works till 50 years old, retire, and live up to 80 years old.…
A: The age of tom = 20 years Total working-age = 50 -20 = 30 years Total not working age = 80 - 50 = 30…
Q: Determine the value of (F/P,35%
A: Information extracted from the question is that the interest rate is 35% and 15 is the time period…
Q: Calculate : a. GDI b. GNI c. NNI d. NI e. Personal income f. Disposable income
A: Income from employment & self employment = 25000 Income from rent, dividend & interest =…
Q: Invest $1000 today at the interest rate 10%. Calculate the value of investment after 10 years.
A: Present value of investment = $1000 Interest rate = 10% Time period = 10 years
Q: The withdrawal of income from circular flow of income example saving is known as _______
A: According to the given question The circular flow of income in an economy is a concept in the…
Q: Calculate APS when the value of savings is 250 and income is 800 (b) Can APS be greater than 1?
A: The value of APS is given to be as the ratio of savings by the household and the income earned. That…
Q: Insurance Many renters choose to have their belongings insured against damage or theft. The amount…
A: An insurance premium is the amount of money paid for a policy by an individual or a corporation. It…
Q: If consumption and savings are $300 and $150 respectively Calculate income of household
A: The data presented in the question above is:- Consumption = $300 Savings = $150 Income of the…
Q: If you have irregular income, you -- save for your future earn a lot more for part of the year than…
A: Irregular Income is when the income that is received every month is uncertain. Sometimes the income…
Q: Calculate APC if income is $1000 and consumption is $390
A: Given: Income=$1000 Consumption=$390 To find: APC
Q: Calculate the value of consumption if APC is 0.31 and income is $4499
A: The given information is as follows:- Average propensity to consume = 0.31 Income of the household =…
Q: If the value of the MPS is 0.33 find the value of the MPC
A: According to the given question The Marginal propensity to consume + Marginal propensity to save is…
Q: Required: ; . Calculate the net present value of the investment.
A: Net present value (NPV) is the difference between the present value of cash inflows and the present…
Q: What would be the value of APC if consumption is $2000 and income is $5000
A: (Q) What would be the value of APC if consumption is $2000 and income is $5000?
Q: If APC is 0.63 and consumption is $1000 Calculate income
A: The term APC stands for Average Propensity to consume. It refers to the ratio between consumption…
Q: What is the relation between income and life expectancies?
A: The relationship between income and life expectancies can be best explained with the help of the…
Q: Below is some data for Jane. Year 1: pa = 15, X = 20, py = 25, Y = 30 Year 2: p = 6, Py = 30, Income…
A: Jane would be better off in that year in which she is able to consume a larger consumption bundle.
Q: Find the saving When the consumption is 230 and the income is 890
A: Given information: Consumption: 230 Income: 890 To find: saving
Q: Saved Help Save & Suppose Marcus eats nothing but burritos for dinner. He buys 30 burritos each…
A: Original Price of burritos = $6 New price of Burritos = $5.75 Income he can spend on Burritos = $180…
Q: Calculate the value of APS if savings is $990 and income is $2100
A: The information we have is as follows:- Savings = $990 Income = $2100 We have to calculate the value…
Q: The ratio of Consumption to savings is given as 5/3 Calculate the value of savings if the value of…
A: # in the above question we are given the value of income to be as $6000 and we need to calculate the…
Q: If change in consumption is $350 and change in income is $720 Find APC
A: The information being given is:- Change in Consumption = $350 Change in income = $720 We have to…
Q: how to calculate future value
A: Future value is calculated with the help of interest rate along with the present value and time…
Q: What would be the value of consumption of Saving is $1300 and the income is $2250
A: Given that, Income (Y) = $2250 Saving (S ) = $1300
Q: If consumption of household is $3500 and income is $5000 Calculate saving
A: The information being given is:- Consumption of household = $3500 Income = $5000 Saving = ?
Q: Calculate Savings when income is $2000 and APS is 0.62
A: The data presented in the question above is:- Income = $2000 APS = 0.62 Savings is to be…
Q: Find the level of savings when consumption is $610 and the income is $111
A: Generally in the given question Consumption amount is =$610 Income is = $111 Savings = ?
Q: Calculate the value of consumption if APC is 0.31 and income is $4499.
A: Given data: Average propensity to consume, APC=0.31 Income is $4499.
Q: undervalued; decrease by 20 overvalued; decrease by 240 O overvalued; decrease by 40 O undervalued;…
A: The above-given graph shows the quantity of domestic currency exchanged on the horizontal axis and…
Q: Calculate the value of income, If consumption is $4000 and APC is 0.13
A: The given information is as follows:- Consumption = $4000 APC = 0.13 We have to calculate income
Q: When savings are at $1300 and income is worth $2200, what would the value of consumption be?
A: Given, The information in the above query is: Savings = $1300Income = $2200 Calculating…
Find the consumption when savings are 94 and the income is 110
Step by step
Solved in 2 steps
