Question: I'm not sure if I am doing this correctly please help. Please show the formulas and any calculations that you do I'm really confused. Thank

I'm not sure if I am doing this correctly please help. Please show the formulas and any calculations that you do I'm really confused. Thank you so much I really appreciate it!

I'm not sure if I am doing this correctly please help. Please

The following table provides disposable income, consumption and savings data (billions of $) for an economy. Use the data to answer the following questions. (Show all the formulas and your calculations) 1. What is the autonomous consumption? (2 point) 2. Calculate Marginal Propensity to Consume (MPC). (2 points) 3. Calculate the spending multiplier. (2 points) 4. If government spending increases by $80 billion, what is the maximum change in Real GDP? (2 points) Disposable income Consumption Savings 0 20 -20 50 60 -10 75 80 -5 100 100 125 120 5 150 140 10

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