19. From 2003 to 2008, Eastlandia experienced large fluctuations in both aggregate consumer spending and disposable income, but wealth, the interest rate, and expected future disposable income did not change. The accompanying table shows the level of aggregate consumer spending and disposable income in Income range Marginal propensity to consume

$0 − $20,000 0.9

$20,001 − $40,000 0.8

$40,001 − $60,000 0.7

$60,001 − $80,000 0.6 Above $80,000 0.5 Summary 219 millions of dollars for each of these years. Use this information to answer the following questions.