Y-2VF-8 VY+2 Suppose the savings function of a country is S = and savings (S) are measured in ringgit Malaysia (RM). Find the country's Marginal Propensity to Save (MPS) when the national income is RM150 billion. where the national income (Y)

(b) Consider a classical economy. Assume that the GDP of an economy is 9000. Consumption is given by the equation C = 600+(3/4)YD-40r, where r is the percentage real rate of interest. Investment is given by the equation / = 1200- 120r. Net exports is given by NX 1500-200€. There is a budget deficit of 500 and government spending is 1500. Finally, suppose the world interest rate is 5. 1 1 (i) For this open economy derive all equilibrium values, all savings values, and also describe whether the current and capital accounts are in deficit or surplus.

If the MPC -0.85, what is the value of the MPS? Provide an answer which is accurate to two places to the right of the decimal point.

mj

Use the two-period model from the Appendix to answer this question.Your current income is 40,000. Your next period (future) income is known to be 40,000.If your current consumption expenditure is 32,000, your (current) level of savings S=____(Enter your answer as a whole number.)

Please answer to 2 decimal places

Suppose real GDP is $5,042 billion, taxes collected by the government are $534 billion, government spending is $846 billion, and consumption spending is $3,461 billion. What is the value of public saving? Enter a whole number with no dollar sign and please do not include the word billion.  If appropriate, please enter a negative (-) sign.

Suppose GDP is Rs.15 trillion, taxes are Rs.5.5 trillion, private saving is Rs.2 trillion, and public saving is Rs. 2.5 trillion. Assuming this economy is closed, Calculate a) Government purchases b) National saving c) Consumption d) If the government increases taxes to 6.5 trillion, calculate private Saving

Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases,  national saving, and investment.

Suppose real GDP is $6,182 billion, taxes collected by the government are $719 billion, government spending is $820 billion, and consumption spending is $4,478 billion. What is the value of national saving?