1. Suppose autonomous spending equals $950 and MPC = 0.5

What will be the equilibrium level of real GDP?

--

2. The Smith family 's annual disposable income is $100,000. This family saves 45 cents out of every dollar of disposable income, and it spends $35,000 even if it has zero disposable income. How much is the Smith family's consumption spending at its current level of disposable income?

Please solve I will give good rating thank you