From 2014 to 2019, Eastlandia experienced large fluctuations in both aggregate consumer spending and disposable income, but wealth, the interest rate, and expected future disposable income did not change. The accompanying table shows the level of aggregate consumer spending and disposable income in millions of dollars for each of these years. Use this information to answer the following questions.

1. Plot the aggregate consumption function for Eastlandia.
2. What is MPC? What is MPS?
3. What is the aggregate consumption function?

4. From 2014 to 2019, Eastlandia experienced large uctuations in both aggregate consumer spending and disposable income, but wealth, the interest rate, and expected future disposable income did not change. The accompanying table shows the level of aggregate consumer spending and disposable income in millions of dollars for each of these years. Use this information to answer the following questions. Year Disposable income (millions of dollars) Consumer spending {millions of dollars) 2014 $100 $180 2015 350 380 2016 300 340 2017 400 420 2018 375 400 2019 500 500 a. Plot the aggregate consumption function for Eastlandia. b. What is MPC? What is MP3? 0. What is the aggregate consumption function