Problem 10-01 (algo) The following table provides data for output (real GDP) and saving. a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and A places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to negative sign (-) in front of those numbers. X Answer is not complete. Level of Output and Income (GDP = DI) Consumption Saving АРС APS MPC MPS $480 488 $-8 520 524 O -4 0.9 0.1 O 560 0.9 O 0.1 O 560 0.9 0.1 600 596 4 0.9 0.10 640 632 O 0.9 0.1 680 668 O 12 0.9 O 0.1 O 720 704 O 16 0.9 0.1 760 740 O 20 0.9 O 0.1 800 776 O 24

Problem 10-01 (algo) The following table provides data for output (real GDP) and saving. a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and A places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers be sure to negative sign (-) in front of those numbers. X Answer is not complete. Level of Output and Income (GDP = DI) Consumption Saving АРС APS MPC MPS $480 488 $-8 520 524 O -4 0.9 0.1 O 560 0.9 O 0.1 O 560 0.9 0.1 600 596 4 0.9 0.10 640 632 O 0.9 0.1 680 668 O 12 0.9 O 0.1 O 720 704 O 16 0.9 0.1 760 740 O 20 0.9 O 0.1 800 776 O 24

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 6E

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