Macroeconomics. Assignment type: Problem solving



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Assignment 3,4


Module title: Macroeconomics.
Assignment type: Problem solving
Topic name: Keynes's model of macroeconomic equilibrium in the market of goods and services
Names: ______________________________________________________
Assignment#1. A) Collect the empirical data about autonomous consumption (Ac) and Marginal Propensity to consume (MPC) from your group. Write in the boxes

Autonomous consumption (Ac)

Marginal propensity to consume (MPC)







B) Calculate the arithmetic mean for those Ac and MPC.
Average Ac=
Average MPC=

Assignment#2. Case from real life.
A family (Alisher and Fazilat) lives in Tashkent. They both have full time jobs. Their monthly income is 12 000 000 sums (each). (5 000 000, 8 000 000,
9 000 000, 10 000 000, 15 000 000)
From this amount they pay income tax (12%). Their autonomous consumption and marginal propensity to consume are the same as average Ac and average MPC from Problem#1.
Calculate:
a) Their total disposable income
b) Their monthly amount of total consumption
c) Their monthly amount of total savings
d) How many years do they need to save money for buying a house which costs 50000 $ (exchange rate is 1$=11 000 sums)?
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