question archive 1) Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respectively
Subject:BusinessPrice: Bought3
1) Suppose that disposable income, consumption, and saving in some country
are $200 billion, $150 billion, and $50 billion, respectively. Next, assume that disposable income increases by $20 billion, consumption rises by $18 billion and saving goes up by $2 billion.
1. What is the economy's MPC?
2. What is its MPS?
3. What was the APC before and after the increase in disposable income?
2) Find a product sales brochure (for an idea). Talk about an example
of a different product that could sell and highlight some its most important features. Explain why these features will make it sell best.