C) c)If the proportion of total income consumed decreases and the proportion saved increases as income rises, explain both verbally and graphically how the MPC and MPS can be constant at various levels of income

Complete the accompanying table. Level of output and income (GDP = DI) Consumption Saving APC APS MPC MPS $480 $_ -$8 520 0 560 00 600 16 640 24 1 1 1 680 32 720 40 1 760 48 800 56 (a) Using the below graphs, show the consumption and saving schedules graphically. (b) Locate the break-even level of income