C = 50 + 0.8Y is the consumption function that is consistent with the provided data. The MPC is determined by subtracting the change in consumption from the change in disposable income, which equals 160/200, or 0.8.
Marginal propensity calculation.
$200 billion less $0 billion equals $200 billion in changes to disposable income.
Consumption change equals $210 minus $50, or $160 billion.
MPC = Change in Consumption/Change in Disposable Income, which equals $160 billion/$200 billion and is equal to 0.8.
There is a 0.8 marginal tendency to consume.
Step 2
This is how consumption function is defined.
C = a + bY
Where,
a = Consumption at zero income level
b = MPC
In given case,
$50 billion would be consumed at a level of income zero.
MPC is 0.8
So,
C = 50 + 0.8Y is the consumption function that matches the provided data.
To learn more about consumption function
brainly.com/question/14975005
#SPJ4
Answer:
13.86%
Explanation:
34% was invested into stock X with an expected return of 11%
22% was invested into stock Y with an expected return of 18%
44% was invested into stock Z with an expected return of 14%
The expected return on the portfolio can be calculated using the formula below
Expected return= Sum of ( weight of stock×return of stock)
= (0.34×11%)+(0.22×18%)+(0.44×14%)
= 3.74+3.96+6.16
= 13.86%
Hence the expected return on the portfolio is 13.86%
Determine the sequence of the human DNA.
Hope this helps!
Let
Department 2 Machine hours Be x, and using the equation below.
<span>Find ATQ : </span>
<span> 5= (440000 + 245000) / (74000 + x)</span>
=>
370000 + 5x = 685000
=>x = 63000
Therefore,
there are 63,000 machine hours that the company expects in Department 2.
<span> </span>
Answer:
3
Explanation:
Price - earnings ratio refers to the ratio between the Market price and the Earning per share. The formula for price - earning ratio is as follows:
Given that,
Book value per share = 24.00
Market Value per share = 18.00
Earnings per share = 6.00
Par Value per share = 4.00
Dividend per share = 1.00
P/E ratio = Market price ÷ EPS
= 18 ÷ 6
= 3.0
Therefore, the price-earnings ratio would be 3.