Scribd
Upload
23 views

Assignment 1-B

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 finding savings by calculating income minus consumption.

Uploaded by

Shahzad Hassan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
23 views

Assignment 1-B

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 finding savings by calculating income minus consumption.

Uploaded by

Shahzad Hassan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 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

You might also like