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Suppose disposable income increases by$2,000 $2,000. As a result, consumption increases by$1,500 $1,500. Answer the questions based on this information. Where appropriate, enter your answer

Suppose disposable income increases by$2,000

$2,000. As a result, consumption increases by$1,500

$1,500. Answer the questions based on this information. Where appropriate, enter your answer as a decimal rather than as apercentage.

(1) The increase in savings resulting directly from this change in incomeis:

(2) The marginal propensity to save (MPS)is:

(3) The marginal propensity to consume (MPC)is:

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