Calculate the average propensity, Macroeconomics

Assignment Help:

Question:

Table below shows the recent trends in terms of consumption.

1244_Define and calculate the average propensity to save.png

(a) (i) Explain what is meant by the term ‘marginal propensity to consume' (MPC) and the ‘average propensity to consume (APC)

(ii) Summarise the changes in country's A MPC from 2003 and 2010.

(iii) Explain how the MPC could exceed 100% in 2004 and 2005.

(b) (i) Define and calculate the average propensity to save (APS) from 2003 to 2010.

(ii) Explain how the APC and APS are related over period 2003 and 2005.

(iii) Define the multiplier effects.

(iv) What further information in additional to that available from the table is required to calculate the multiplier effects on Country's A national income.


Related Discussions:- Calculate the average propensity

Types of market, #five differnces between a monopoly market and a monopolis...

#five differnces between a monopoly market and a monopolistic market

Give detail explanation about the inflation, Give detail explanation about ...

Give detail explanation about the Inflation Price index is computed at a particular point in time, inflation over a time period, mainly one year Inflation may just as

BUS668, Prepare calculations and a one to two page analysis, following the ...

Prepare calculations and a one to two page analysis, following the APA guidelines, that addresses the following: Assuming that the expectations theory is the correct theory of the

Employment and inflation , With the aid of a diagram explain the Philip''s ...

With the aid of a diagram explain the Philip''s curve

PPF, what is meant by PPF?

what is meant by PPF?

Set up a diagram.., (a) Use this information to set up a diagram showing th...

(a) Use this information to set up a diagram showing the firm''s total revenue and total cost schedules. In this diagram, show the points at which the firm is maximizing profits.

Pr0ject 2, how long will be the solution

how long will be the solution

Starbucks marketing department, If Starbucks's marketing department estimat...

If Starbucks's marketing department estimates the income elasticity of demand for its coffee to be 2.9, how will the prospect of an economic bust (expected to decrease consumers' i

Economic theory helps society, Do you agee or disagree " Economic theory he...

Do you agee or disagree " Economic theory helps society reach economic goals that it has selected for itself?" Justify your answer.

Write Your Message!

Captcha
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