What is the marginal propensity to save

Assignment Help Business Economics
Reference no: EM131195385

Consider the table below when answering the following questions. For hypothetical economy, the marginal propensity to save is constant at all levels of real GDP, and investment spending in autonomous. There is no government (see pages 270-276).

A. Complete the table. What is the marginal propensity to save? What is the marginal propensity to consume?

Real GDP - 2,000, 4,000, 6,000, 8,000, 10,000, 12,000

Consumpution - 2,200, 4,000

Investment - 400

Reference no: EM131195385

Questions Cloud

Describe the structure of the federal reserve system : Describe the structure of the Federal Reserve System. What are the responsibilities and functions of each of the components of the Federal Reserve System? What are the instruments of monetary policy of the Federal Reserve System? Explain each one.
Find the equilibrium price and quantities for the case : Suppose that there are two firms competing in the market for taxi services. Big Ben Taxis has the marginal cost MCB = $9 per trip, and the fixed cost FCB = $3,000,000. While Whitehall Taxis has the marginal cost MCW = $15 per trip, and the fixed cost..
How much cash did randys collect from its tenants : Randy's reported rent revenue for 2014 of $64,200.- How much cash did Randy's collect from its tenants during 2014?
Determine the range of values of the weight of box a : Knowing that the weights of boxes B and D are 9 lb and 90 lb, respectively, determine the range of values of the weight of box A so that the plank remains in equilibrium when box C is removed.
What is the marginal propensity to save : Consider the table below when answering the following questions. For hypothetical economy, the marginal propensity to save is constant at all levels of real GDP, and investment spending in autonomous. Complete the table. What is the marginal propensi..
What are some of these multiple policy objects the australia : What are some of these multiple policy objects the Australian tax and transfer system tries to achieve? How does the system overreach and is hence overburdened currently? How do you propose to rationalise the tax and transfer system of Australia to o..
What is the opportunity cost of this choice : If you invest in the high-tech common stock, what is the opportunity cost of this choice? Explain your reasoning.
What is the global product or service you are interested : Create a presentation you would present at an interview to the interviewers. Describe the position you are interested in working for this organization. What is the global product or service you are interested in becoming a team player? What are your ..
Determine minimum number of ideal stages : For this case, determine the following: Minimum number of ideal stages, Minimum reflux ratio (pinch point may occur close to xD) and Number of ideal stages for a reflux ratio of 2 times the minimum

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd