Suppose C = $60 +0.80Yd;

I = $50;

Y = Yd.

A. Find the saving function.

B. Find equilibrium output, Y.

C. Graph the Consumption function on Excel.

D. Graph the Saving function on Excel.

E. Determine the equilibrium of the Consumption function and Saving function by graphing the functions.

Suppose C = $70 +0.75Yd;

I = $65;

Y = Yd.

A. Identify the MPC of the Consumption function.

B. Identify the MPS of the Saving function.

C. Find equilibrium output, Y.

Suppose C = $40 + 0.75Y;

I = $60;

Y =Yd.

A. Find equilibrium output and equilibrium of Consumption and Saving functions.

B. Graph the Consumption and Saving functions on Excel.

C. Show that spending = output by using:Y =C + I.