Question : 26) The above table has data from the nation of : 1240592

 

 

 

 

26) The above table has data from the nation of Atlantica. Based on these data, autonomous consumption is

A) $1.8 trillion.

B) $2.6 trillion.

C) $3.2 trillion.

D) $4.0 trillion.

E) $5.8 trillion.

 

27) The above table has data from the nation of Atlantica. Based on these data, when disposal income equals $3.0 trillion,

A) savings equals $4.0 trillion.

B) savings equals $1. trillion.

C) dissavings equals $4.0 trillion.

D) dissavings equals $1.0 trillion.

E) savings equals $3.0 trillion.

28) The above table has data from the nation of Atlantica. Based on these data, at what point does saving equal zero?

A) None, dissavings is present at all of the above points.

B) None, savings is present at all of the above points.

C) Between disposable income of $0.0 and $1.8 trillion

D) Between disposable income of $4.0 trillion and $5.8 trillion

E) Between disposable income of $2.0 trillion and $3.2 trillion

 

 

29) The above table has data from the nation of Atlantica. Based on these data, at what point does saving equal zero?

A) None, dissavings occurs at all of the above points.

B) None, savings occurs at all of the above points.

C) Between disposable income of $0.0 and $1.5 trillion

D) Between disposable income of $8.0 trillion and $7.5 trillion

E) At disposable income of $6.0

 

30) The above table has data from the nation of Atlantica. Based on these data, when disposable income equals 8.0 there is

A) dissavings of $7.5 trillion.

B) savings of $15.5 trillion.

C) dissavings of $15.5 trillion.

D) dissavings of $0.5 trillion.

E) savings of $0.5 trillion.

31) The above table has data from the nation of Atlantica. Based on these data, when disposable income equals 2.0 there is

A) dissavings of $1.0 trillion.

B) savings of $1.0 trillion.

C) dissavings of $5.0 trillion.

D) dissavings of $3.0 trillion.

E) savings of $3.0 trillion.

 

32) The above table has data from the nation of Atlantica. Based on these data, the amount of autonomous consumption is

A) $1.5 trillion.

B) $1.0 trillion.

C) $0.5 trillion.

D) $7.5 trillion.

E) $6.0 trillion.

 

33) The above table has data from the nation of Atlantica. Based on these data, what is marginal propensity to consume?

A) 0.75

B) 0.50

C) 1.33

D) 1.00

E) 1.50

 

34) The figure above shows a nation’s consumption function. The amount of autonomous consumption expenditure is

A) $0.

B) $1 trillion.

C) $2 trillion.

D) $3 trillion.

E) more than $3 trillion.

 

35) The figure above shows a nation’s consumption function. If disposable income is $2 trillion, then the MPC is ________ and saving is ________.

A) positive; positive

B) positive; negative

C) negative; positive

D) negative; negative

E) positive; zero

36) The figure above shows a nation’s consumption function. If disposable income is $4 trillion, then the MPC is ________ and saving is ________.

A) positive; positive

B) positive; negative

C) negative; positive

D) negative; negative

E) positive; zero

 

 

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