Assignment
|
Disposable Income
|
Consumption Expenditure
|
Savings
|
APC
|
APS
|
MPC
|
MPS
|
|
$8,000
|
$13,500
|
|
|
|
|
|
|
12,000
|
16,500
|
|
|
|
|
|
|
20,000
|
22,500
|
|
|
|
|
|
|
30,000
|
30,000
|
|
|
|
|
|
|
40,000
|
37,500
|
|
|
|
|
|
|
100,000
|
82,500
|
|
|
|
|
|
|
200,000
|
157,500
|
|
|
|
|
|
Calculate Savings, APC, APS, MPC, MPS, and autonomous consumption from the above given information.
Graph the consumption function using 45degree line and indicate breakeven level of income on the graph.