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  • Assignment 1-B

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    Shahzad Hassan
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    This document provides instructions for assignment #2 which involves completing a table with GDP, consumption, savings, average propensity to consume, average propensity to save, marginal propensity to consume, and marginal propensity to save values. It also includes solving a consumption equation for an income of Rs 2000 and calculating the corresponding savings.

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    This document provides instructions for assignment #2 which involves completing a table with GDP, consumption, savings, average propensity to consume, average propensity to save, marginal propensity to consume, and marginal propensity to save values. It also includes solving a consumption equation for an income of Rs 2000 and calculating the corresponding savings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views1 page

    Assignment 1-B

    Uploaded by

    Shahzad Hassan
    This document provides instructions for assignment #2 which involves completing a table with GDP, consumption, savings, average propensity to consume, average propensity to save, marginal propensity to consume, and marginal propensity to save values. It also includes solving a consumption equation for an income of Rs 2000 and calculating the corresponding savings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Assignment #2

    Question: Total Marks = (2.5+2.5+1=5)

    Complete the following table and calculate the desired values.

    GDP=DI consumption Savings APC APS MPC MPS


    Rs $380 $-5
    390 0
    410 5
    430 10
    450 15
    470 20
    490 25
    510 30
    530 35
    550 40

    Suppose Income( Y) is 2000

    (A) Solve the following consumption equation

    C= autonomous consumption +by

    (b) Find out Savings=Y-C

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