Question: B. 1/MPS C. 1/( 1+MPS) D. 1/(MPC+MPS) (1 MARKS) 6. Autonomous =200 Yo =0 So= -200 Y1= 1200 S1= 160 a) Determine the autonomous consumption


B. 1/MPS C. 1/( 1+MPS) D. 1/(MPC+MPS) (1 MARKS) 6. Autonomous =200 Yo =0 So= -200 Y1= 1200 S1= 160 a) Determine the autonomous consumption and autonomous saving b) Find MPC and MPS I c) State a consumption function d) How much do household plan to save if income is Rm 1500? (4 MARKS) a)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
