Consider the following information on aggregate income, consumption expenditure, and planned investment for a country: Aggregate...

  

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Consider the following information on aggregate income, consumption expenditure, and planned investment for a country: Aggregate Output/Income Planned Investment $3,800 4,000 4,200 4,400 4,600 4,800 5,000 5,200 Consumption $3,500 3,650 3,800 3,950 4,100 4,250 4,400 4,550 $500 500 500 500 500 500 500 500 When aggregate income is $5,000, A. saving is $40 and unplanned investment (inventory change) is $100. B. saving is $100 and unplanned investment (inventory change) is $500. C. saving is $600 and unplanned investment (inventory change) is $100. D. saving is - $600 and unplanned investment (inventory change) is $500. (Enter your response as an integer.) The equilibrium level of output/income is $ Based on the information above, calculate the MPC and MPS. Based on the information above, calculate the MPC and MPS. MPC = (Round your response to two decimal places.) (Round your response to two decimal places.) MPS = Consider the following information on aggregate income, consumption expenditure, and planned investment for a country: Aggregate Output/Income Planned Investment $3,800 4,000 4,200 4,400 4,600 4,800 5,000 5,200 Consumption $3,500 3,650 3,800 3,950 4,100 4,250 4,400 4,550 $500 500 500 500 500 500 500 500 When aggregate income is $5,000, A. saving is $40 and unplanned investment (inventory change) is $100. B. saving is $100 and unplanned investment (inventory change) is $500. C. saving is $600 and unplanned investment (inventory change) is $100. D. saving is - $600 and unplanned investment (inventory change) is $500. (Enter your response as an integer.) The equilibrium level of output/income is $ Based on the information above, calculate the MPC and MPS. Based on the information above, calculate the MPC and MPS. MPC = (Round your response to two decimal places.) (Round your response to two decimal places.) MPS =

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Change in Consumption 45504400 150 Change in Saving 52004550 650 Chang... View the full answer