Please help me with this past year questions. I am trying to do a revision before my exam.

Question I (a) State and explain the followings. (i) Autonomous Consumption (2 marks) (ii) Disposable Income (2 marks) (iii) Average propensity to save (APS) (2 marks) (iv) Marginal propensity to save (MP8) (2 marks) (b) When income = $1000, consumption = $600. When income rises to $2000, consumption rises to 5 I400. (i) Find the APC and APS when the income at $1000. (2 marks) (ii) Find the MPG and MPS when the income changes to $2000. (2 marks) |Total: 12 Marla] Question 2: (a) Explain discretionary and automatic scal policy. (4 marks) (b) Explain what type of scal policy is suggested if there is inationary gap. (3 marks) (c) Explain the real GDP. What is the impact of increase and decrease real GDP on money demand? {6 marks) [Tots]: 13 Marital