Problem
a. Use the following consumption function data to answer the questions next.Real disposable income $100 Consumption $150 what is savings, MPC and MPSReal dispoable income $200 Consumption $200 what is savings, MPC and MPSReal disposable income $300, Consumption $250 what is savings, MPC and MPSreal disposable income is 400, consumption $300 what is savings, MPC and MPSreal disposable income is $500, consumption $350 what is savings MPC and MPSa. calculate saving schedule
b. Determine the marginal propensities to consume MPC and Save MPS
c. Determine the break even income
d. What is the relationship between MPC and the MPS.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.