Consumption Planned Output Spending Investment Government Income) Net Taxes (C= 100 + 0.9Yd) Savings Purchases Spending 2.600 100 2.350 150 150 200 2.800 100 2,530 170 150 200 3.000 100 2,710 190 150 200 3.200 100 2.890 210 150 200 3.400 100 3.070 230 150 200 3.600 100 3.250 250 150 200 3.800 100 3.430 270 150 200 Refer to Table 1. a- Calculate the equilibrium level of income? b- What is The MPC? c- Figure The value of the tax multiplier d- The economy is at the equilibrium level of output. If government spending increases by $200 billion, calculate the new equilibrium level of output. e- If taxes are reduced from $100 billion to $50 billion, the new equilibrium level of output is