Question: You are given the following data about an economy that has a fixed price level, no imports, and no taxes. Calculate the marginal propensity to

You are given the following data about an economy that has a fixed price level, no imports, and no taxes.

Calculate the marginal propensity to consume.

The marginal propensity to consume.

Answer to two decimal places. Calculate autonomous consumption expenditure. Autonomous consumption expenditure is $ billion.

Disposable income Consumption expenditure (billions of dollars per year) 0 5 80

Disposable income Consumption expenditure (billions of dollars per year) 0 5 80 155 230 305 100 200 300 400

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