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QUESTION 1 Consumption is equal to 100 plus 3 of income. (a) Calculate the level of consumption at income levels of: (i) 200; (ii) 400; (iii) 600; (iv) 800; (v) \&1 1000 . (b) What is the level of saving at each of these levels of income? (c) Plot both the consumption and savings functions on the same graph. (d) On a different graph, plot the consumption and savings functions for income levels between 0 and El 000 assuming that consumption was; (i) E200 5100 plus 12 of income