Consider a simple$$ model, such as the one developed in this chapter. The table to the right shows the levels of desired$$ consumption, desired$$ investment, and desired aggregate expenditures for various levels of actual national income.

Part $2$

Using the information from the$$ table, the consumption function for this economy can be written as

Cequals

$$

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$$

enter your response hereY.

$($Round your response for the intercept term to the nearest whole number and for the slope term to two decimal$$ places.$)$

Part $3$

Using the information from the$$ table, we can see that the autonomous investment expenditures are equal to

$$$

$$

enter your response here.

Part $4$

Using the information obtained$$ above, we can compute the desired autonomous aggregate expenditures as $$$

$$

enter your response here and the value of marginal propensity to consume as

$$

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Part $5$

$$Consequently$,$ the equilibrium level of national income in this model is $$$

$$

enter your response here. $($Round your response to the nearest whole$$ number.$)$