1. (LO 4) The economy of Irinika has the following parameters: Autonomous exports = $400 million Autonomous imports = $100 million MPM = 0.25 %3! a) What is the balance of trade at an income of $800? b) What is the balance of trade at an income of $20007 c) At what income level is there a zero balance of trade? 2. (LO1) Use the information in Table 6.9 to answer ques- tions about the economy of Watis. a) Complete the table assuming that the MPC is constant. b) What are the values of the MPC and MPS? MPC: MPS:. c) What are the equations for the consumption function and the saving function? C = S= TABLE 6.9 Y S 40 50 70 100 150 20 200 40 3. (LO1) Figure 6.12 shows the saving function for an economy. a) Complete Table 6.10. b) Add the consumption function to Figure 6.12.