Question 1
Refer to the information provided in Table 23.4 below to answer the question(s) that follow.


Refer to Table 23.4. Assuming society's
MPC is constant, at an aggregate income level of $1,200, aggregate consumption would be
◦ $2,000.
◦ $1,400.
◦ $1,100.
◦ $950.
Question 2
Refer to the information provided in Table 23.4 below to answer the question(s) that follow.


Refer to Table 23.4. Assuming society's
MPC is constant, at an aggregate income of $1,000 aggregate saving would be
◦ $50.
◦ $150.
◦ $225.
◦ $425.