Given thë Income (RM million) Consumption (RM million 0. 100 100 150 200 200 300 250 400 300 500 350 a. How much is the autonomous consumption in the economy? b. How much investment should be increased to achieve an income of RM400 million? Calculate the MPS. C.

Q.3.4 Year (Base year) 2018 2019 2020 2021 Cost of a basket (R) of consumer goods/services Explain, with the aid of an equation, the components of the consumption function. 1850 2190 2380 2560

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Which of the following isn't one of the eight determinates of the level of consumption?     A. Disposable Income   B. Keeping up with the Joneses   C. The Wealth Effect   D. Product Quality

How will an increase in taxes applied to businesses affect the GDP based on the Expenditure Approach? a. Negative effect on net exports b. Negative effect on the gross domestic capital formation c. Increase in government’s budget d. Positive effect on private consumption

1.1. What is the US GDP for the first quarter and second quarter of 2020?  What is the personal consumption expenditures for the first quarter and second quarter of 2020?

Need help with review Econ multiple choice question asap

If in an economy MPC is 0.8 and investment increase by $1000 million, calculate total increase in income.

DI, C and S Given the following income, spending, and savings data, please answer the following questions: Savings (S) Disposable Income (DI) 0 $ $ 50000 $100000 $150000 d. Consumption (C) $ 40000 $ 70000 $100000 $130000 a. Solve for savings at each level of disposable income (DI) and place the values in the blanks above. b. Solve for the marginal propensity to consume (MPC) between each disposable income level. c. Although you were not asked to do so in this example, whenever solving for the APC, you should find that the APC decreases as the DI rises. Why would the APC decrease when the consumption values continue to increase as disposable income increases? State the value for the break level of income.

Find out (i) if MPC is .75, what will be the MPS? (ii) if APS is .3, what will be the APC?