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Fill in the missing information in the table below. MPC Disposable income ($) 5,000 5,500 6,000 6,500 Consumption spending ($
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Answer #1
DI($) CS($) MPC($) = \DeltaCS/\DeltaDI
5000 4800
5500 5100 0.6 [i.e. 300 / 500]
6000 5500 0.8 [i.e., 400 / 500]
6500 5800 [i.e., 5500 + (500 * 0.6)] 0.6
6875 [i.e.,6500 + (300 / 0.8)] 6100 0.8
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