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please answer QUESTION 4 [s MARKS] Table 5 Consumption (C) Income (Y) 130 150 (a) (b) (Cl (d) Assume the consumption function takes the form

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QUESTION 4 [s MARKS] Table 5 Consumption (C) Income (Y) 130 150 (a) (b) (Cl (d) Assume the consumption function takes the form C = Ca + (c)Y, then the consumption function based on the information in Table 5 is: (i) C = 25 + 0.3Y (ii} C = 25 + 0.7V (iii) C = 0.7Y (1 mark) (Write the correct answer) Calculate the marginal propensity to consume? (1 mark) Calculate the marginal propensity to save? (1 mark) Calculate the income multiplier. (2 marks}

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