Econ 230 Consumption Savings Functions Worksheet (#7) (Online 361) Summer (3) [Compatibility Mode] - Word KAVISH SHAH X File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do Share 400 $. 24 420 28 a. Fill in the missing numbers in the above table. b. What is the value of the marginal propensity to consume? c. What is the value of the marginal propensity to save? du What is the break-even level of income in the table? e. What is the term that economists use for the saving situation shown at the $240 level of income? 2. Sketch the graph of the consumption function (on the back of this page if you'd like) corresponding to the information from the table in #1. (Be sure to label your axes with Consumption (C) and Disposable Income (DI)...and also make use of the 45-degree reference line.) Page 1 of 1 204 words [X English (United States) + 100%Econ 230 Consumption Savings Functions Worksheet (#7) (Online 361) Summer (3) [Compatibility Mode] - Word KAVISH SHAH X File Home Insert Design Layout References Mailings Review View Help Tell me what you want to do Share Name Summer 2019 (Online-361) Econ 230 Worksheet #7 Consumption and Savings Functions 1. Consider the following example. Level of Output and income Consumption Saving APC APS MPC MPS (GDP = DD) $260 S -4 280 0 300 4 320 8 340 12 360 16 380 20 400 24 420 28 a. Fill in the missing numbers in the above table. b. What is the value of the marginal propensity to consume? c. What is the value of the marginal propensity to save? Page 1 of 1 204 words [* English (United States) + 100%