Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) and E- Average propensity to save (APS). YCSMPCMPS APCAPS 410 400 600 SI0 10sa720

Q-1 The following table shows income and consumption: Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C-Marginal propensity to save (MPS), D- Average propensity to consume (APC) and E- Average propensity to save (APS). YCSMPCMPS APCAPS 410 400 600 SI0 10sa720

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter23: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 1QR

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Question

Could you please help me with D part .

Q-1 The following table shows income and consumption:
Calculate: A- Saving (S), B- Marginal propensity to consume (MPC), C- Marginal propensity to save (MPS), D-
Average propensity to consume (APC) and E-Average propensity to save (APS).
YCSMPCMPSAPCAPS
300 360
410 400
600 SI0

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