Suppose that the level of disposable income and consumption in a country called Y are

Suppose that the level of disposable income and consumption in a

level of disposable income and consumption in a country called Y are billion and billion respectively

Suppose that the level of disposable income and consumption

in a country called Y are billion and billion respectively

Suppose that the level of disposable income

Suppose that the

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Amount: | $20 |

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Paper instructions

Suppose that the level of disposable income and consumption in a country called Y are $400 billion and $240 billion, respectively. Next, assume that when disposable income increases by $30 billion, saving goes up by $20 billion.
a. Please calculate the APS before the increase in disposable income.
b. please calculate the economy's MPC
c. Calculate the APC after the increase in disposable income.

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