The annual income of a family is $78,000; if the MPCF is 0.3, MP5 is 0.2, and income increases by $10,000, then the family is likely to: save 20% of their total income of $78,000, and spend 30% of their total income on foreign goods and services. increase total spending on home goods by $8000, increase spending on foreign produced goods by $2000, and increase saving by $3,000. save 20% of $78,000, and spend 80% of their total income on goods and services. increase spending on home produced goods by $5000, and increase saving by $2,000