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Income Consumption Saving Investment Government Net Export Aggregate (Yd) Expenditure (S) Expenditure Expenditure Expenditure Expenditure (NX) (AE) $-500 (C) $8000 $12,800 10,000 14,000 14,000 16,400

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Income Consumption Saving Investment Government Net Export Aggregate (Yd) Expenditure (S) Expenditure Expenditure Expenditure Expenditure (NX) (AE) $-500 (C) $8000 $12,800 10,000 14,000 14,000 16,400 20,000 20,000 30,000 26,000 50,000 38,000 (1) $1,000 1,000 1,000 1,000 1,000 1,000 (G) $3,500 3,500 3,500 3,500 3,500 3,500 -500 -500 -500 -500 -500 From the above given information calculate savings, MPC, MPS, Multiplier, and the equilibrium level of income (Y = AE =C+I+G+NX). Draw a graph showing disposable income (Yd) on the horizontal axis and aggregate expenditures (AE) on the vertical axis with a 45 degree line. Graph AE (AE=C+I+G+ NX) curve on this graph. Indicate break even level of income (Y=C) and equilibrium level of income (AE=Yd). You can draw the graph by hand, label axis and the curves clearly, and upload it

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