What would be the value of consumption if savings is $1300 and the value of Income is $2200.

Q: student has a monthly budget of $150 to spend on either coke, which cost $5 each, or biryani, which…

A: Budget constraint represents all the combinations of goods and services a consumer can consume with…

Q: What is the relationship between income and consumption?

A: The income is the money wage earned by the individual for providing the service of the labor in the…

Q: What would be the value of APC if Consumption is $3300 and income is $10,000

A: The data presented in the question above is:- Consumption = $3300  Income = $10,000 We need to…

Q: What is the procedure for calculating net income?

A: The net income is also known as net profit. The net income implies the amount which is left over…

Q: What would be the value of consumption if savings is $1300 and the value of Income is $2200

A: The data presented in the question above is:- Savings = $1300 Income = $2200 Consumption is to be…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: Investors become optimistic with respect to the economic situation. Analyze its effect on interest…

A: The scinario given in the question can be understood with the help of loanable funds market.

Q: What do you mean by Circular flow of physical goods and money income?

A: "The circular flow of physical goods and money income refers to the flow of money and goods among…

Q: Make sure to show your work to get credit.  1. Assume:      Yd = $194,000      b = .90      a = $…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: What is the value of Consumption (C)?

A: Since the question you have posted consists of multiple parts, we will answer the first three parts…

Q: What is the type of consumption of household spending which is independent

A: Consumption is referred to as the usage of goods and services by individuals.

Q: If consumption is $300 and savings is $400 What will be the income?

A: The information being given is:- Consumption = $300 Savings = $400 We need to calculate the value of…

Q: explain the impact of a low interest rate on gross domestic product(not less than a page)

A: We can determine the impact of low interest rate on gross domestic product by taking IS-LM model. IS…

Q: Circular flow of income. Explain: 1. Household 2. Leakages. 3. MPC

A: The circular flow of income, also known as circular flow, is an economic model in which important…

Q: What is meant by the rate of interest. How is the rate of interest determined? Explain in 500 words.

A: The interest rate represents the cost of money to a borrower and the return on invested money to an…

Q: Households use money on which of the following ways?  A) wages, saving, spending B) Public Goods…

A: Households use money on different ways.

Q: asks the question "Consumer Lifetime Value (CLV) does it affect the value we put on consumption ?"

A: Customer lifetime value (CLV) is the sum of a customer's value to a company over the course of their…

Q: What would be the value of income if consumption is $600 and APC is 0.77

A: According to the above mentioned question, the values are:- Consumption expenditure = $600 Average…

Q: What is the NPV?

A: Economics studies the production, distribution and allocation of resources. Engineering economics…

Q: What is the value of Private Savings? What is the value of Public Savings? What is the value of…

A: The national savings are the sum of private savings and public savings of the country.

Q: Calculate MPS if change in savings is $1300 and the change in income is $2300

A: The data presented in the question above is:- Change in savings = $1300 Change in income = $2300…

Q: Consider the following picture: y'-t y-t Is the consumer a borrower or a lender? O Lender O Borrower…

A: When the consumer is a lender, current consumption is less than current disposable income and future…

Q: What is meant by the cost of living? Describe the cost of living in the state of New Jersey.

A: Cost of living can be explained as the money required for the expenses incurred on the basic…

Q: Disposable Income ($) Consumption ($) 1,000 800 1,100 880 1,200 960 1,300 1,040 1,400 1,120

A: The disposable income is the portion of the income which is left after the deduction of the taxes.…

Q: A family of four has an income of $15,000 today and will earn $24,000 tomorrow. If the family…

A: Introduction Here total income of two period = $15,000 + $24,000 = $39,000 Consumption of the family…

Q: See attached image.         Identify the value of savings in the economy What is the value of…

A: Circular flow of income describes the flow of income among the sectors. The sectors of the economy…

Q: a. Incomes and expenditures b. None of these c. Prices and incomes d. Expenditures and Prices e…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If…

Q: Calculate : a. GDI b. GNI c. NNI d. NI e. Personal income f. Disposable income

A: Income from employment & self employment = 25000 Income from rent, dividend & interest =…

Q: What is effective disposable income?

A: Effective Disposable income is the net income available to the consumer after income taxes.…

Q: What are the three successive stages or phases in the circular flow of income

A: According to the given question Actually circular flow of income is an income which is represented…

Q: If household spend $105 billion on goods and $95 billion on services. How much in revenues do…

A: Below is the given information. Spending by the household on goods = $105 Spending by the household…

Q: Which category of household expenditures does the U.S. government consider to be a component used in…

A: A minimum standard of living refers to ability of an individual to acquire food, clothing and…

Q: The number of people in any place is the result of three major factors. Name these factors and…

A: Three major factors that affect the number of people at a particular place are: Socio –political…

Q: Calculate the value of consumption if APC is 0.31 and income is $4499

A: The given information is as follows:- Average propensity to consume = 0.31 Income of the household =…

Q: What would be the value of APC if consumption is $2000 and income is $5000

A: (Q) What would be the value of APC if consumption is $2000 and income is $5000?

Q: What are the factors used to measure economic well being?

A: The economics is derived from the GREEK word OKIONOMIA meaning management of household. It give the…

Q: it is possible for any economy to be based entirely on services

A: A service economy is an economic system that is characterized by the dominance service sector…

Q: Calculate the value of APS if savings is $990 and income is $2100

A: The information we have is as follows:- Savings = $990 Income = $2100 We have to calculate the value…

Q: Identify the part of the personal income which is actually available for consumption O a.…

A: Income is the money received by a person or a company in exchange for labor, the production of a…

Q: What is the value of total gross investment?

A: Total investment is an important component in the calculation of gross domestic product. Total gross…

Q: Calculate the value of consumption if APC is 0.31 and income is $4499.

A: Given data: Average propensity to consume, APC=0.31 Income is $4499.

Q: If savings are at $1300 and income is worth $2200, what would the value of consumption be

A: According to neoclassical economists, ingestion serves as the ultimate goal of economic activity; as…

Q: Does Income reflect Wealth? In what ways?

A: In economics, income and wealth are considered as two different concepts as they include some…