What will be the new level of consumption at the $860 billion level of disposable incomeWhat will be the new level of saving

pplication Section Saved Help Use the table below to solve this problem. Level of Output and Income Consumption Saving APC APS MPC MPS (GDP = DI) $480 $496 $-16 1.0167 -0.0167 0.8 0.2 520 1.0000 0.0000 0.8 560 0.9857 0.0143 600 568 0.9733 0.0267 640 0.9625 0.0375 680 0.9529 0.0471 720 640 0.9444 0.0556 760 664 0.9368 0.0632 0.8 0.2 800 688 0.9300 0.0700 0.2 Suppose the wealth effect is such that a $10 change in wealth produces a $3 change in consumption at each level of income. Assume real estate prices tumble such that wealth declines by $160. Instructions: Enter your answers as whole numbers. a.What will be the new level of consumption at the $680 billion level of disposable income? b. What will be the new level of saving?