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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. What is the value of X, Y, Z
2. What is the value of APC at income level Z?
3. At income level RM 2000, what is the value of APC?
4. If autonomous consumption changes to RM 150 million, calculate the new value of Equilibrium national income.
5. Derive saving function based on question (d)The graph below shows the equilibrium level of income for two sector economy.
Â
   AD
                                                  AD=AS
Â
                                                   C+I
                        Â
  X                                                  C= 100+ 0.75Y
  Â
  Y                                        Â
                                                           National Income (RM MILLION)
                 Z                2000                 Â
Â
Questions
What is the value of X, Y, Z
What is the value of APC at income level Z?
At income level RM 2000, what is the value of APC?
If autonomous consumption changes to RM 150 million, calculate the new value of Equilibrium national income.
Derive saving function based on question (d)
Â
Please show the calculations works.
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