From the following income consumption schedule ,calculate 4
1. Saving.
2. APC
3. MPC
INCOME
0
100
200
300
400
CONSUMPTION
40
120
200
260
300
Complete the following table:
Answers
Answered by
5
Answer:
ANSWER
Income
200
250
300
350
400
Saving
-
5
15
20
50
Consumption
200
245
285
330
350
APC
1
0.98
0.95
0.94
0.87
APS
0
0.02
0.05
0.057
0.125
MPC
-
0.9
0.8
0.9
0.4
MPS
-
0.1
0.2
0.1
0.6
Similar questions