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ancome (3) taxes paio (57 spending (57 25,000 3,000 20,000 27,000 28,000 30,000 3,500 21,350 3,700 22,070 4,000 23,600 a. Graph the Simpsons' consumption
ancome (3) taxes paio (57 spending (57 25,000 3,000 20,000 27,000 28,000 30,000 3,500 21,350 3,700 22,070 4,000 23,600 a. Graph the Simpsons' consumption function, then find their household's marginal propensity to consume and the intercept of the consumption function. Instructions: On the graph below, use the line tool provided. Click and drag your mouse to draw a diagonal, straight line by using the precise coordinates for the first and last values given in the table. Your Graph Score: 0% Consumption Function Consumption spending, C 24,400 24,000 23,600 23,200 22,800 22,400 22,000 21,600 21,200 20,800 20,400 20,000 19,600 Consumption 80,000 29,000 28,000 1,000 25,000 24,000 2,000 3,000 Disposable Income, 26,000 21,000 Instructions: Enter your response for mpc rounded to one decimal place. The marginal propensity to consume:
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