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Please help me finish this table... I don't even know where to begin and the other helper didn't help. It has to be complete. I
Please help me finish this table... I don't even know where to begin and the other helper didn't help. It has to be complete. I know its a big ask, just please help. I'll be so grateful.
KEY: S = Savings, DI = Disposable Income, C = Consumption, MPS = Marginal Propensity to Spend, MPC = Marginal Propensity to Consume
Table 1: Consumption/Savings Data Student $1,250.00 $1,500.00 $1,750.00 $2,000.00 $2,250.00 1 $0.00 $50.00 ($50.00) ($50.00) $50.00 2 $100.00 $150.00 $100.00 $100.00 $100.00 3 $500.00 $625.00 $700.00 $875.00 $1,025.00 4 $125.00 $150.00 $175.00 $200.00 $225.00 5 $390.00 $520.00 $790.00 $920.00 $870.00 6 $70.00 $100.00 $150.00 $200.00 $250.00 7 $50.00 $100.00 $0.00 $50.00 $0.00 8 $200.00 $450.00 $450.00 $550.00 $550.00 Averages 179.375 268.125 301.875 368.125 383.75 Proportion of DI 0.14352 0.17875 1.72514 0.1840 0.17055 Change in s Average C 1070.625 123.875 1448.125 1631.875 1613.125 Proportion of DI 0.8565 0.82125 0.82795 0.8159 0.7169 Change in C Check: S+C=DI Sum proportions=1 Change in DI MPS-chgS/shgDI MPC-shgC/chgDI Check:MPS+MPC=1 Table 1: Consumption/Savings Data Student $1,250.00 $1,500.00 $1,750.00 $2,000.00 $2,250.00 1 $0.00 $50.00 ($50.00) ($50.00) $50.00 2 $100.00 $150.00 $100.00 $100.00 $100.00 3 $500.00 $625.00 $700.00 $875.00 $1,025.00 4 $125.00 $150.00 $175.00 $200.00 $225.00 5 $390.00 $520.00 $790.00 $920.00 $870.00 6 $70.00 $100.00 $150.00 $200.00 $250.00 7 $50.00 $100.00 $0.00 $50.00 $0.00 8 $200.00 $450.00 $450.00 $550.00 $550.00 Averages 179.375 268.125 301.875 368.125 383.75 Proportion of DI 0.14352 0.17875 1.72514 0.1840 0.17055 Change in s Average C 1070.625 123.875 1448.125 1631.875 1613.125 Proportion of DI 0.8565 0.82125 0.82795 0.8159 0.7169 Change in C Check: S+C=DI Sum proportions=1 Change in DI MPS-chgS/shgDI MPC-shgC/chgDI Check:MPS+MPC=1Step by Step Solution
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