Calculate APC and APS from the following schedule.
|
Income (Y)
|
100
|
200
|
300
|
|
Consupmtion (C)
|
80
|
160
|
240
|
Download our app for free and get started
| Income (Y) (₹) | Consumptions (C) (₹) | $\text{APC}=\frac{\text{C}}{\text{Y}}$ | APS = 1 - APS |
| $100$ | $80$ | $\frac{80}{100}=0.8$ | $0.2$ |
| $200$ | $160$ | $\frac{160}{200}=0.8$ | $0.2$ |
| $300$ | $240$ | $\frac{240}{300}=0.8$ | $0.2$ |
Download our appand get started for free
Experience the future of education. Simply download our apps or reach out to us for more information. Let's shape the future of learning together!No signup needed.*
Similar Questions
- 1View SolutionWhat happens to the level of national income when aggregate demand falls short of aggregate supply?
- 2View SolutionThe savings function of an economy is S = -200 + 0.25Y. The economy is in equilibrium when income is equal to ₹ 2,000.
Calculate:- Investment expenditure at equilibrium level of income.
- Autonomous consumption.
- 3View SolutionDifferentiate between APC and APS and tell which of them is negative.
- 4View SolutionThe value of marginal propensity to consume is 0.6 and initial income in the economy is ₹ 100 crores. Prepare a schedule showing Income, Consumption and Saving. Also show the equilibrium level of income by assuming autonomous investment of ₹ 80 crores.
- 5View SolutionMeasure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure (A) is Rs. 50 crores, and MPS is 0.2 and level of income (Y) is Rs. 4000 crores. State whether the economy is in equilibrium or not (cite reasons).
- 6View SolutionCalculate autonomous consumption expenditure from the following data about an economy which is in equilibrium.National income= 1200Marginal propensity to save= 0.20Investment expenditure= 100
- 7View SolutionState and discuss the components of Aggregate Demand in a two sector economy.
- 8View SolutionThe saving curve of an economy makes a negative intercept of ₹ 20 crore and 10% of additional income is saved. Derive the saving and cunsumtions function.
- 9View SolutionWhat are two alternative ways of determining equilibrium level of income? How are these related?
- 10View SolutionCalculate investment expenditure from the following data about an economy which is in equilibrium:National income = 1000
Marginal propensity to save = 0.20
Autonomous consumption expenditure = 100