question archive 1) Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respectively

1) Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respectively

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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.

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