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    Macro Assignment 2

    Uploaded by

    Wasi Choudhary
    This document contains the responses to three questions on macroeconomic concepts. Question 1 involves completing tables to calculate marginal propensity to consume (MPC), marginal propensity to save (MPS), average propensity to consume (APC), and average propensity to save (APS) based on given income and consumption data. Question 2 involves completing a table to prove that MPC + MPS = 1. Question 3 involves completing a table to prove that APC + APS = 1. The document was submitted by Muhammad Wasi Choudhary for their Macroeconomics assignment on April 14, 2021.

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    Macro Assignment 2

    Uploaded by

    Wasi Choudhary
    28 views4 pages
    This document contains the responses to three questions on macroeconomic concepts. Question 1 involves completing tables to calculate marginal propensity to consume (MPC), marginal propensity to save (MPS), average propensity to consume (APC), and average propensity to save (APS) based on given income and consumption data. Question 2 involves completing a table to prove that MPC + MPS = 1. Question 3 involves completing a table to prove that APC + APS = 1. The document was submitted by Muhammad Wasi Choudhary for their Macroeconomics assignment on April 14, 2021.

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    This document contains the responses to three questions on macroeconomic concepts. Question 1 involves completing tables to calculate marginal propensity to consume (MPC), marginal propensity to save (MPS), average propensity to consume (APC), and average propensity to save (APS) based on given income and consumption data. Question 2 involves completing a table to prove that MPC + MPS = 1. Question 3 involves completing a table to prove that APC + APS = 1. The document was submitted by Muhammad Wasi Choudhary for their Macroeconomics assignment on April 14, 2021.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    28 views4 pages

    Macro Assignment 2

    Uploaded by

    Wasi Choudhary
    This document contains the responses to three questions on macroeconomic concepts. Question 1 involves completing tables to calculate marginal propensity to consume (MPC), marginal propensity to save (MPS), average propensity to consume (APC), and average propensity to save (APS) based on given income and consumption data. Question 2 involves completing a table to prove that MPC + MPS = 1. Question 3 involves completing a table to prove that APC + APS = 1. The document was submitted by Muhammad Wasi Choudhary for their Macroeconomics assignment on April 14, 2021.

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    WASI CHOUDHARY FA20-BBA-024

    NAME: MUHAMMAD WASI CHOUDHARY


    ROLL NO: FA20-BBA-024
    ASSIGNMENT # 2
    SUBJECT: MACRO ECONOMICS
    SUBMITTED TO: MAAM SIDHRA AZAM
    SUBMITION DATE: 14-APRIL-2021
    WASI CHOUDHARY FA20-BBA-024

    Question 1:
    Complete the following tables.
    Income and consumption remain same through all the tables of this question.

    Y C S (Y-C)
    1000 1000 0
    3000 2500 500
    5000 3900 1100
    7000 5200 1800
    9000 6400 2600
    11000 7000 3000
    13000 7200 5800

    Y C ΔY ΔC MPC = Δ C/ Δ Y
    1000 1000 --- --- ----
    3000 2500 2000 1000 0.5
    5000 3900 2000 1400 0.7
    7000 5200 2000 1300 0.65
    9000 6400 2000 1200 0.6
    11000 7000 2000 600 0.3
    13000 7200 2000 200 0.1

    Y C S ΔS ΔY MPS= (Δ S/ Δ Y)
    1000 1000 ----- --- -- --
    3000 2500 500 500 2000 0.25
    5000 3900 1100 1100 2000 0.55
    7000 5200 1800 1800 2000 0.9
    9000 6400 2600 2600 2000 1.3
    11000 7000 3000 3000 2000 1.5
    13000 7200 5800 5800 2000 2.9
    WASI CHOUDHARY FA20-BBA-024

    MPC MPS MPC+MPS

    -- -- --
    0.5 0.25 0.75

    0.7 0.55 1.25

    0.65 0.9 1.55


    0.6 1.3 1.9

    0.3 1.5 1.8

    0.1 2.9 3

    Y C APC APS APC+APS

    1000 1000 0 0 0
    3000 2500 0.83 0.16 0.99

    5000 3900 0.78 0.22 1

    7000 5200 0.74 0.25 0.99


    9000 6400 0.71 0.28 0.99

    11000 7000 0.63 0.27 0.9

    13000 7200 0.55 0.45 1

    Question 2:
    Complete the table below and prove that MPS+MPC=1
    MPC MPS MPC+MPS

    0.58 0.42 1

    0.63 0.37 1

    0.01 0.99 1

    0.70 0.30 1

    0.82 0.18 1
    WASI CHOUDHARY FA20-BBA-024

    Question 3:
    Complete the table below and prove that APS+APC=1
    APC APS APC+APS
    0.12 0.88 1
    0.19 0.81 1
    0.80 0.20 1
    0.57 0.43 1
    0.11 0.89 1
    0.01 0.99 1

    THANKYOU!!!!!

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