The fee to set up a ceremony is $1,000 with reception rental or $1,500 for ceremony only. The venue allows 5 hours of event time excluding set up and clean up time. The average wedding cost at The Sky Room is estimated at between $10,810 and $19,717 for a ceremony & reception for 100 guests.
Consumption Schedule. The average propensity to consume is calculated by dividing consumption in the second column by income in the first column. Beginning near the top of the schedule, if household income is $1 trillion, then consumption is $1.75 trillion, giving an average consumption of 1.75.
Determine the change in consumption from one year to the next. For example, if consumption in the household sector jumped from $1.8 trillion to $2.1 trillion, then the change for the year would be $0.3 trillion, or $300 billion. Divide the change in consumption by the change in disposable income. In the case of the figures mentioned earlier, we would have to divide $300 billion by $400 billion, giving us an MPC of 0.75. Check the figure against the Marginal Propensity to Save, if available. The sum of the MPC and MPS should always equal 1.