Marginal Propensity to ConsumeIn Scandia, workers tend to spend $200 per month on essential items and fixed expenses. Their disposable income is $500 per month, and they manage to save 30% of it per month. Considering these values, calculate the consumption in Scandia’s economy per worker.$350$640$550

If average income goes from $30,000 to $33,000 and consumption increases from $29,000 to $31,000, the marginal propensity to consume is ______________.Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a.67b1.5c1.06d0.96

Total consumption is $3,680 when income is $4,000, and then total income increases to $5,520 when income rises to $6,000. Calculate the value of the marginal propensity to save.  (State your answer in hundredths, such as 0.21, for example.)

When income is 350, consumption is

In a month a man spends 20% of his income on rent, 40% on food, 15% on education, 5% on charity and 8% on entertainment. The rest of the money he saves. If his saving in a month is Rs. 3600

Suppose that in 2020 national income is equal to $20 trillion and consumption is $14.0 trillion. In 2019, with income of $20.8 trillion, consumption increased to $14.6 trillion. Calculate the marginal propensity to consume.Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a.6b.25c.75d.95e1.00