Question

Note that you should answer What is the average propensity to consume when DI is 177 and Consumption is 96? Answer for part 1 For the same numbers above, what is the value of savings? Answer for part 2 For the same values above, what is the value of the average propensity to save? Answer for part 3 If DI of 177 and consumption level of 96 were at one point. At another point on the same schedule, DI was 211 and consumption level was 111, what is the value of the marginal propensity to consume? Answer for part 4 Given the same points in the previous question, what is the marginal propensity to save? Answer for part 5

Answer 1

Answer:

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