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Macroeconomic riday, April 8 @ 11:59PM ent 2 - Due: Friday, April 8 Remaining Time: 223:30:40 Complete the following table assuming that (a) MPS =

Macroeconomic

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riday, April 8 @ 11:59PM ent 2 - Due: Friday, April 8 Remaining Time: 223:30:40 Complete the following table assuming that (a) MPS = 0.4, (b) there is no government and all saving is personal saving.(mps=marginal propensity to sav Level of output and Consumption in Saving in income 320 330 Number 345 Number Number 370 Number Number 395 Number Number 420 Number Number (a) What is the MPC? Number (b) What is the Autonomous Consumption? Number Suppose a family's annual disposable income is 6,000 of which it saves 1,700 (c) If their income rises to 7,500 and they plan to save 2,200 , what are their MPS Number and MPC? Number

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