In an economy,  MPC = 0.81 Calculate the value of MPS

Suppose that consumers purchase fish and computer chips. In 2010, 1 pound of fish cost $1, a computer chip cost $1, and the typical consumer bought 10 pounds of fish and 10 computer chips. In 2011, 1 pound of fish cost $2, a computer chip cost $0.50, and the typical consumer bought 5 pounds of fish and 20 computer chips. In 2012, 1 pound of fish cost $2.10, a computer chip cost $0.90, and the typical consumer bought 12 pounds of fish and 20 computer chips. Using 2011 as the base year, the inflation rate between 2011 and 2012 is _____ percent.

Imagine that a hypothetical economy produces three items food, clothes and Aluminum and a typical consumer buys food and clothing only. The table below shows the hypothetical results.

In 2012 the nominal value for household spending on food and beverages was equal to $17593m and in 2021 it was $23888m.  Using the most appropriate price index from the list below, calculate the percentage change in real household spending on food and beverages from 2012 to 2021 and answers the questions below.                                                                                       2012             2021CPI (Food)                                                                    961              1057CPI (All groups)                                                           949              1068PPI (Outputs - Food manufacturing)                     1031               1171Import price index (food and beverages)              1436               1306 The percentage change in nominal household spending on food and beverages is equal to?

Calculate APC when consumption is $210 and the income is $500

If consumption expenditure is $3100 and savings is $1800 Calculate income

Calculate income if consumption is $120 million and Savings is $66 million

If change in consumption is $350 and change in income is $720 Find APC

am. 131.

Explain how a drop in GDP can influence the level of the interest rate (in 7 lines maximum). A captioned graphic illustration is required