Question 1
Refer to the information provided in Figure 23.9 below to answer the question(s) that follow.


Refer to Figure 23.9. [150 + 0.25
Y] is the
◦
MPC.
◦
MPS.
◦ saving function.
◦ aggregate expenditures function.
Question 2
Refer to the information provided in Figure 23.9 below to answer the question(s) that follow.


Refer to Figure 23.9. $200 million is
◦ the break even income.
◦ the equilibrium income.
◦ where saving equals consumption.
◦ where saving equals aggregate expenditures.