Honey land analysis its aggregate consumer spending and aggregate disposable income and finds the following data. All numbers in the table are dollars.

YD C

$0 $100

100 180

200 260

300 340

500 500

AssumeHoney land is a closed economy with no government spending, no taxes, and no transfers, Furthermore, assume the aggregate price level and interest rate are fixed in Honey land.

1. What does autonomous consumer spending equal in this economy?
2. What is the value of the MPC for Honey land?
3. What is the slope of the consumption function?
4. Suppose future expected disposable income increases in Honey land. How will this affect autonomous consumer spending, The MPC, and the consumption function?