(a) Refer to the information on the Aggregate Income and Aggregate Consumption for Malaysia provided in Table I below to answer the questions that follow. Table 1 Aggregate Income Aggregate (RM billion) Consumption (RM billion) 0 80 50 125 100 170 150 215 200 260 What is the autonomous consumption for Malaysia? (2 marks) ii) What is the Marginal Propensity to Consume (MPC) for Malaysia? (4 marks) iii Based on your answer in (ii), what is the Marginal Propensity to Save (MPS) for Malaysia? (3 marks) iv) What is the Aggregate Consumption function for Malaysia? (2 marks) If national income (Y) is RM500 billion, calculate what is the Aggregate Consumption and the National Saving? (8 marks) (b) Why is productivity related to the standard of living? In your answer be sure to explain what productivity and standard of living mean. Make a list of things that determine labor productivity. (6 marks) (Total: 25 marks)