Question list K Complete the following table which depicts a hypothetical economy in which the marginal propensity to consume is constant at all levels of real GDP and investment spending is autonomous. Equilibrium real GDP is equal to $8,000. There is no government. O Question 6 Real GDP Consumption Saving Investment $ 2000 $2,00 S 4000 3,500 O Question 7 6000 5,000 8000 6.500 0ooOO 10000 8.000 Question 8 12000 9,500 This economy's marginal propensity to consume is | and its marginal propensity to save is O Question 9 At equilibrium real GDP, this economy's average propensity to save is | |(round to the nearest hundredth) O Question 10 If autonomous consumption were to rise by $100, the new equilibrium real GDP would be $ Question 11 Question list The marginal propensity to consume (MPC) is 0.80. K The multiplier is . (Round your answer to one decimal place.) Suppose that investment changes by $ - 300. O Question 10 The change in real GDP will be $ ]. (Round your answer to the nearest dollar.) O Question 11 Question list K An economy's consumption function is depicted in the table below. Disposable Income (Y) Planned Investment Consumption (C) (S billions $ billions ($ billions) Question 5 20 100 120 20 208 240 20 316 360 20 424 Question 6 480 20 532 600 20 640 . When disposable income is equal to $240 billion total expenditures (including investment) equal Question 7 O A. $316 billion. O B. $20 billion. O C. $240 billion. O D. $336 billion. O Question 8 b. Therefore, in this model when investment is included, when the disposable income is $240 billion, saving must be equal to O A. $20 billion. O B. $ - 96 billion. O C. - 0.32. O D. S - 76 billion