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Questions: 1. Answer the question below based on the information given. All values are in RM million Income (Y) Consumpt
Posted: Mon May 02, 2022 7:46 am
by answerhappygod
- Questions 1 Answer The Question Below Based On The Information Given All Values Are In Rm Million Income Y Consumpt 1 (46.2 KiB) Viewed 39 times
Questions: 1. Answer the question below based on the information given. All values are in RM million Income (Y) Consumption (C) Saving (S) 0 I a 2000 li b 4000 lii с 6000 lv d 8000 v e (2) a) Using equation C= 80 +0.75Y, complete the column of Consumption and Saving (5) b) Based on the table 1, find the autonomous consumption and the Marginal Propensity to saving (MPS). c) What is the amount of national income (Y) at break even point (BEP). (2) d) Find the value of average propensity to consume (APC) and average propensity of saving (APS) at BEP (1) (Total :10 marks)