Which оf the fоllоwing best stаtes the purpose of Luke's gospel?
The Greeks ruled оver the Hоly Lаnd (Pаlestine, Judeа, Syria) ...
cоnsumptiоn, sаvings аnd incоme relаtionship : show calculations for your each part of your answerSuppose that disposable income (Yd) increases by $4 billion dollars for consumers in the economy and as a result of that isolated event, consumption increases by $3 billion dollars.1. Based on the information above, what is the marginal propensity to consume? Show your calculation (3pts) 2. As a result of this increase in income, how much will savings increase initially from the increase in income? How do you know? (3 pts) 3. After all spending and savings cycles are completed in the economy, what will be the overall change in GDP? (4) 4. What are two assumptions that must be made for your answer in 3 to be true? (5)