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C = $400 + 0.9YD
If disposable income = $5,000, then the value of consumption (C) is
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- Consumption/Savings 1000 800 600 400 200 0 -200 CL 200 400 600 800 1000 1200 1400 1600 Income 5) Refer to the graph above to answer this question. What is the value of the MPC? A) 0.25. B) 100.C) 0.8 D) 0.6. E) 0.4.Find the consumption when savings are 94 and the income is 110Find the savings when the income is 80 and the consumption is 60
- The only fill in the blank options are Larger MPC or Smaller MPCA person earns 6000 Rs. Monthly, he also receives 2000 Rs from his part-time business from which he saves 1000 Rs and consume remaining 1000 Rs. His MPS is 0.17, calculate, MPC, total consumption, Total savings, and his total earnings.Solve d and e.