Use the table below to solve this problem. 4 Level of Output and Income Consumption Saving APC APS MPC MPS 480 488 -8 1.0167 -0.0167 0.8 0.2 520 524 -4 1.0077 -0.0077 0.8 0.2 560 560 0 1 0 0.8 0.2 009 596 4 0.9933 0.0067 0.8 0.2 640 532 8 0.9875 0.0125 0.8 0.2 680 . 668 12 0.9824 0.0176 0.8 0.2 720 704 16 0.9778 0.0222 0.8 0.2 760 740 20 0.9737 0.0263 0.8 0.2 800 776 24 0.97 0.03 0.8 0.2 Suppose the wealth effect is such that $10 changes in wealth produce $2 changes in consumption at each level of income. Assume real estate prices tumble such that wealth declines by $320. Instructions: Enter your answers as whole numbers. a. What will be the new level of consumption at the $680 billion level of disposable income? $ b. What will be the new level of saving