Question: Refer to the information provided in Table below to answer the question. Aggregate Income (S billion) Aggregate Consumption (Sbillion) 0 80 50 170 150 200



Refer to the information provided in Table below to answer the question. Aggregate Income (S billion) Aggregate Consumption (Sbillion) 0 80 50 170 150 200 125 100 215 260 Refer to Table Society's MPC is Select one: a. 0.95 b. 0.80 C. 0.05 d. 0.90 Refer to the information provided in Figure below to answer the question(s) that follow. PA ASZ ASO Price level & AD Y Y Yo Aggregate output Figure Refer to Figure Assume the economy is at Point A. Higher oil prices shift the aggregate supply curve to 452. If the government decides to counter the effects of higher oil prices by increasing government spending, then the price level will be than P2 and output will be _than Y2 Select one: a. greater; less b. less; greater c. greater; greater d. less; less
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