2 Data for output (real income) and savings are presented in the table below. a. Fill in the missing values. Instructions: To complete the table round your answers to two decimal places. For any negative numbers be sure to include a negative sign (-) in front of that number 02:46:11 Level of Output and Income Consumption Saving APC APS MPC MPS $240 $ 244 $-4 1.02 -0.02 260 $ 260 0 .00 .0 0.8 0.2 280 $ 276 4 0.99 0.01 0.8 0.2 300 $ 292 8 ).97 ).03 0.8 0.2 320 $ 308 12 .96 0.04 J.8 0.2 340 $ 324 16 ).95 0.05 ).8 0.2 360 $ 340 20 0.94 0.06 0.8 0.2 380 $ 356 24 0.94 0.06 0.8 0.2 400 372 28 0.93 0.07 0.8 0.2 b. What is the break-even level of income in the table? $ What is the term that economists use for the saving situation shown at the $240 level of income? (Click to select v c. For each of the following items, indicate whether the value in the table is either constant or variable as income changes: The MPS is (Click to select v | as income changes. The APC is (Click to select v| as income changes. The MPC is (Click to select v | as income changes. The APS is (Click to select v | as income changes