Suppose two successive levels of disposable personal income are $13.8 and $18.8 billion, respectively, and the change in consumption spending between these two levels of disposable personal income is $3.65 billion, then the MPS will be equal to _____.

0.25

0.27

0.35

0.65

0.73

Suppose total disposable income in Country X rises by $500 billion while total saving rises by $80 billion. What would be the slope of the consumption function for this nation?

0.10

0.16

0.50

0.84

0.90

In the country of Marzipana, total consumption in Year 1 was $56,000 million and in Year 2 was $60,000 million. It has been observed that each time disposable income changes in this country by $100, consumption changes by $50. Using this information compute the change in disposable income from Year 1 to Year 2.

Disposable income increased by $2,000 million in Year 2.

Disposable income increased by $3,200 million in Year 2.

Disposable income increased by $4,000 million in Year 2.

Disposable income increased by $5,000 million in Year 2.

Disposable income increased by $8,000 million in Year 2.