If consumption of household is $3500 and income is $5000 Calculate saving

Q: The following graph shows the decreasing value of a car over time. (a) Write a sentence that…

A: Given information: We have a graph which shows the decreasing value of a car over time.  In 2 years,…

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

A: Given, MPS= 0.87

Q: Eng'g economy: Mark has just retired and plans to consume $8,640 from the retirement account every…

A:

Q: Explain Decision Rule for Simple Investments?

A: The investment is an important aspect that determines the development and growth of the economy. The…

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: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: a. Jonathan took a business loan from Chase Bank in 2016. The loan amount was $150,000 and had an…

A: Loan amount = 150,000 Interest rate = 6.75% Cost of good went up by 1.25% We have to calculate real…

Q: It is given that savings is $600 and income is $1300 Calculate APS

A: It is given that:- Savings of the household = $600 Income of the Household = $1300

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: National Income $7,500 Consumption $5,400 Saving

A: National income (Y) is the total of earning of factors of production ( land, labour, capital and…

Q: Explain the Investment Function. Use diagrams where required

A: In Keynesian economics, investment is referred to as real investment that includes the creation of a…

Q: Find the consumption when savings are 94 and the income is 110

A: A consumer either spends income on consumption of goods and services, or saves income.

Q: Give typing answer with explanation and conclusion Ben will have earned a degree in math by the end…

A: The marginal analysis will enable one to figure out the most advantageous level of engagement for a…

Q: Q.7 TVC changes: (a) First increases at decreasing rate and then at increasing rate (b) It increases…

A: # During a given period of time, with the change in total production the change in expenses is…

Q: Calculate MPS if change in savings is $1300 and the change in income is $2300

A: The data presented in the question above is:- Change in savings = $1300 Change in income = $2300…

Q: . Make a written report about Consumer Aggregate 2.Adv and Disadv of consumer aggregate 3.Make a…

A: The total wealth, income, and spending of all individuals within an economy is known as the consumer…

Q: Name the two components of budget in an economy

A: In simple words we can say that the component of budget refers to the overall structure of the…

Q: Use the following table to find percentage changes in the cost of living (COL) from 2020 to 2021:…

A: The cost of incorporating housing, food and transportation for the year between 2020 to 2022 is…

Q: If change in income is $3500 and the change In savings is $2000  Calculate MPS

A: The information being given is:- Change in income = $3500  Change in saving = $2000 We have to…

Q: If disposable income is $ 1000 and consumption expenditure is $ 750, find out APS.

A: Disposable income = 1000 dollars Consumption expenditure = $750

Q: Calculate the value of income if consumption is $2000 and savings is $1200

A: The Given information is as follows:- Consumption expenditure = $2000 Savings expenditure = $1200 We…

Q: How many years will it be before you have enough to buy the car without borrowing any money? (Use…

A: The formulae for compounding is A=P(1+r)t A: Accumulated amount P: Principle amount r: Rate of…

Q: 1. GOODS PRICE (D) A bag of rice Cooking oil Sugar Soap Gas 160.00 35.00 50.00 40.00 150.00 150.00…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: ers to the professed interest rate.   a Nominal   b Effective   c Ordinal   d Actual

A: Professed  interest rate or stated rate is the rate that banks or lender shows the interest rate…

Q: Do households make a distinction between spending for current expenses and spending for capital…

A: Households in different countries have different sets of income patterns. People want to spend on…

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: How could people be persuaded to start saving for retirement?

A: Retirement planning is the process of putting money aside, investing it, and then distributing it in…

Q: Refer to the following figure. The equation for this household's saving function is میرا -300 saving…

A: Savings can be defined as a proportion of income which is saved for future. It can be negative at…

Q: The table contains data on the relationship between saving and income. Rearrange these data into a…

A: The data can be re arranged by ascending order that is lower income to higher income. The income…

Q: What is the break even investment

A: The relationship that exists between fixed costs, variable costs, and returns can be studied by…

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: Find the Income when the consumption is $13240 million and the savings are $ 9991 million

A: Generally in the given question, Consumption level is = $13240 Savings are = $9991 Income = ?

Q: ) Mr. G wants to deposit a certain amount in a saving account today as a perpetual trust. He…

A: Interest rate = 10% annuallyRepair cost = $10,000Repair in every = 4 years DEposited Amount = x

Q: Markus worked as an office manager in 2015 and earned per year, € In 2016 he opened a furniture…

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

Q: What type of interest is the capital invested in a transaction is principal and at any time after…

A: Interest can be determined in two ways: simple interest or compound interest. Simple interest is…

Q: Work out this questions An animal herder produces 300 litres of milk each year. He sells 160 litres…

A: Here, it is given that animal herder produces 300 litres of milk every year.

Q: Store Local Shoe Store Different Neighborhood in Town Rural Outlet Travel Time Each Way (Minutes) 15…

A: The opportunity cost of a choice is the value of the next best alternative. If person C spends her…

Q: Find the value of a APS when the saving are 1400 and the level of income is 1100!

A: Generally in the given question Savings are given as = 1400 Level of income is = 1100 So the value…

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: How do households spend in economy?

A: The concept that depicts spending money in order to carry out various transactions in an economy is…

Q: Find the saving when the income is 50 and consumption is 60

A: Actually in the question Income level is = 50 Consumption is stated as = 60 Savings needed = ?

Q: Suppose a manufacturer of software develops a new computer program that sells for $50. The $50 cost…

A: Value added is a way to quantify the economic value produced when producing goods or services. It is…

Q: The following table contains data on the relationship between saving and income. a. Rearrange the…

A: The income per year and the savings per year is given below but not in the right order. Income per…

Q: The value of Consumption is $2000 and the disposable income is given as $2700 Calculate the value…

A: The given information is as follows:- Consumption expenditure is given as $2000 Disposable income Is…