If the marginal propensity to save is 0.15 in an economy, a $15 billion rise in consumption spending will increase: A GDP by $20 billion. B saving by $25 billion. C GDP by $100 billion. D GDP by $18 billion.
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If the marginal propensity to save is 0.15 in an economy, a $15 billion rise in consumption spending will increase:
A
B saving by $25 billion.
C GDP by $100 billion.
D GDP by $18 billion.
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- uy 1ICt CaPons, GDP, 3. Fill in the blanks in the following table: Income Consumption Saving MPC MPS APC APS $ 400 $ 900 $ 1,400 $1,000 .60 $2,000 $1,100 $3,000 .50 $4,000 $2,100A temporary increase in government expenditure will a. Shift the saving curve to the right b. Shift the investment curve to the right c. Shift the investment curve to the left d. Shift the saving curve to the leftThe multiplier is the ratio of the change in ________ to a change in ________. Select one: a. the level of saving; the level of consumption b. autonomous consumption; induced consumption c. the MPC; the MPS d. the equilibrium level of output; some autonomous variable
- 1.If the real GDP is 1000 and Investment is 150, Government Spending is 250 and Net Exports equals -100, then Consumption must be?1. Country X has following data: C = 20 + 0.8Y4, I = 30, G = 40, Tx = 20, T, = 15, X = 60, M = 20 + 0.04Y, incoming year growth target is 600, All figures is billion. Please calculate: a. National income equilibrium! b. Consumption and saving equilibrium! c. Government income from tax! d. How much change in government consumption if they want to achieve growth target?4. Suppose GDP is $8 trillion, taxes are $1.5 trillion, private saving is $0.5 trillion, and public saving is $0.2 tríllion. Assuming this econ- omy is closed, calculate consumption, government purchases, na- tional saving, and investment.
- An increase in net taxes will O increase the household consumption. increase the saving. decrease the household consumption. increase the disposable income.If the multiplier is 5 and investment increases by $3 billion, equilibrium real GDP will increase by: Select one: a. $2 billion b. $8 billion. C.$15 billion. d. $3 billion.Calculating the MPSAnd MPC. In one year a consumer income increase by $200 and her consumption increase by $140 ? Her marginal propensity to consume is equal to __. Her marginal prosperity to save is equal to __. (Thanks)
- Consider an economy in which GDP is $8.2 trillion, public saving is -$0.2 trillion, taxes are $0.9 trillion, private saving is $3.0 trillion, export is $0.6 trillion, and import is $0.5 trillion. Calculate government purchases. Calculate national saving and investment. Calculate consumption.1.3 A Country has following data Consumption Function = 90+0.75Y, Investment = 20 Billion Determine: 1. National Income Equilibrium 2. National Consumption and Saving Consumption in Equilibirum 3. Graph it!Suppose GDP is $12 trillion, taxes are $3.6 trillion, private saving is $1.5 trillion, and public saving is $0.8 trillion. Assuming the economy is closed, complete the following table by calculating consumption, government purchases, national saving, and investment. Amount Component (Trillions of dollars) Consumption Government Purchases National Saving Investment Grade It Now Save & Continue Continue without saving