The following table provides data for output (real GDP) and saving.

a. Fill in the missing numbers (gray-shaded cells) in the table.

b. What is the break-even level of income in the table?

What is the term that economists use for the saving situation shown at the $240 level of income? Saving or Disaving?

c. For each of the following items, indicate whether the value in the table is either constant or variable as income changes:

The MPS:

Variable or Constant

The APC:

Constant or Variable

The MPC:

Variable or Constant

The APS:

Variable or Constant

Level of Output and Income (GDP = DI) Consumption Saving APC APS MPC MPS $240 5-8 260 0 280 8 300 16 320 24 340 32 360 40 380 48 400 56