Problem: Assume: Income Consumption 0 60 50 400 90 300 100 450 120 330 150 500 150 360 200 550 180 390 250 600 210 420 300 650 240 450 350 700 270 480 a. Compute the MPC and multiplier. b. What is the equilibrium income and consumption? c. How come that multiplying the initial value of consumption by the multiplier coefficient results in the same value as in the foregoing? d. Construct a new consumption schedule now assuming that MPC is equal to 0.90. e. What is the new equilibrium income