Income Determin...

If income changes from 3000 to 4500 and saving changes from 600 to 900, then calculate APS?

If consumption in period 1 is 650 and income is 700 and the same for period 2 stands at 700 and 800 respectively, find MPC.

In an economy, the population spends Rs 150 crore on absolute necessities needed to sustain themselves. The current income is Rs 450 crore and MPC is 0.6. What is the level of saving?

If income changes from 1000 to 1500 and saving changes from 200 to 250, then calculate MPS. 

Which of the following factors don't affect the propensity to consume in an economy?

If consumption in period 1 is 200 and income is 600 and the same for period 2 stands at 300 and 750 respectively, find MPC.

If MPC = 0.8 and fixed consumption is 200, write the saving equation.

According to ______________________, equilibrium level of income and output in the economy is the one where the desired aggregate demand for goods and services is equal to aggregate supply. 

If MPC = 0.3 and fixed consumption is 900, write the consumption equation.