Try Another Version of These Questions

Question 1

Consider the following infomation in table below.

Income (Y)Consumption (C)Savings (S)
1500142080
17501645105
20001870130
22502095155

Given this data, what is Marginal Propensity to Consume (MPC)?

 

Hint


Question 2

Given this data, what is the level of autonomous consumption?

 

Hint


Question 3

Given this data, what is Marginal Propensity to Save (MPS)?

 

Hint