You have the following information on personal consumption expenditures C) and disposable income Y_d):
$\begin{array} { l l l } \text { Year } & \text { C } & Y _ { d } \\1 & 300 & 400 \\2 & 500 & 700\end{array}$ a. Compute the marginal propensity to consume.
b. Compute the amount of savings for years 1 and 2.
c. Compute the marginal propensity to save.

Question

You have the following information on personal consumption expenditures C) and disposable income Y_d):

\begin{array} { l l l } \text { Year } & \text { C } & Y _ { d } \\1 & 300 & 400 \\2 & 500 & 700\end{array}

a. Compute the marginal propensity to consume.
b. Compute the amount of savings for years 1 and 2.
c. Compute the marginal propensity to save.

Quizplus · Accepted Answer

The Answer of You have the following information on personal consumption expenditures C) and disposable income Y_d): $$\begin{array} { l l l } \text { Year } & \text { C } & Y _ { d } \ 1 & 300 & 400 \ 2 & 500 & 700 \end{array}$$ a. Compute the marginal propensity to consume. b. Compute the amount of savings for years 1 and 2. c. Compute the marginal propensity to save.

You Have the Following Information on Personal Consumption Expenditures C) Year C Yd13004002500700\begin{array} { l l l } \text { Year } & \text { C } & Y _ { d } \\1 & 300 & 400 \\2 & 500 & 700\end{array} Year 12​ C 300500​Yd​400700​

You Have the Following Information on Personal Consumption Expenditures C) $\begin{array} { l l l } \text { Year } & \text { C } & Y _ { d } \\1 & 300 & 400 \\2 & 500 & 700\end{array}$