Use the following table to answer these questions:

a. What is the MPC?

b. What is the MPS?

c. What is the MPI?

d. What is the level of aggregate expenditures at each level of income?

e. Graph the aggregate expenditures function.

Transcribed Image Text:

Y G X $ 500 $500 $10 $20 $60 $ 600 $590 $10 $20 $40 $ 700 $680 $10 $20 $20 $ 800 $770 $10 $20 $ 0 $ 900 $860 $10 $20 - $20 $1,000 $950 $10 $20 - $40