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Refer to the table above to answer this question. What is the value of the MPE? A) 0.6 B) 0.5 C) 2 D) 0.4 E)

Refer to the table above to answer this question. What is the value of the MPE?

A) 0.6 B) 0.5 C) 2 D) 0.4 E) 0.1

Refer to the table above to answer this question. What is the value of the equilibrium income?

A) $1,600 B) $2,400 C) $1,500 D) $1,200 E) $2,000

Refer to the table above to answer this question. At equilibrium income what is the value of aggregate expenditures?

A) $1,400 B) $2,400 C) $1,600 D) $1,200 E) $2,000

Refer to the table above to answer this question. If investment were to increase by $100, what would be the new value of equilibrium income?

A) $1,400 B) $1,200 C) $2,400 D) $2,000 E) $1,600

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