Calculate savings, aggregate expenditures, break even income, equilibrium level of income, MPC, MPS, and the multiplier from the following data if the private autonomous investment expenditures are $15,000, government expenditures $16,000 and net export expenditures are - $600 at each level of income. What would the equilibrium level of income if the the investment expenditures were changed from $15,000 to $17,000?
Income Consumption
Expenditures
$ 1,000 $ 2,200
2,000 2,800
4,000 4,000
8,000 6,400
20,000 13,600
50,000 31,600
80,000 49,600
100,000 61,600