
Given the following income, spending, and savings data, please answer parts a-g below : Disposable Income (DI) Consumption (C) Savings (S) $ 0 $. 40000 _________ $100000 $100000 _________ $200000 $160000 _________ $300000 $220000 _________ $400000 $280000 _________ a. Solve for savings at each level of disposable income (DI). b. Solve for the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) between each disposable income level. c. Solve for the average propensity to consumer (APC) and the average propensity to save (APS) at each level of disposable income. d. State the numerical value for the break-even level of disposable income in this example. e. State the numerical value for the autonomous consumption in this example. f. Using the data from the table, graph the consumption line. g. Using the data from the table, graph the savings line.
Give me answer part: A ,B ,C

Step by stepSolved in 4 steps

- Investors sometimes fear that a high-risk investment is especially likely to have low returns. Is this fear true? Does a high risk mean the return must be low?arrow_forwardWhat are some reasons why the investment strategy of a 30-year-old might differ flow the investment strategy of a 65-year-old?arrow_forwardWhat is deflation?arrow_forward
- Economics Today and Tomorrow, Student EditionEconomicsISBN:9780078747663Author:McGraw-HillPublisher:Glencoe/McGraw-Hill School Pub Co
- Essentials of Economics (MindTap Course List)EconomicsISBN:9781337091992Author:N. Gregory MankiwPublisher:Cengage LearningBrief Principles of Macroeconomics (MindTap Cours...EconomicsISBN:9781337091985Author:N. Gregory MankiwPublisher:Cengage Learning



