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![Question Three a) c) If The government spending increase by 40m, with how much will the income increase? T=20, X =150, [20 marks] [6 marks] [2 marks] (7 Marks) M = 20+0.3Yd c) If The government spending increase by 40m, with how much will the income increase?](https://linuqa.com/wp-content/uploads/2021/11/47771327-2131355-1.jpeg)
i, Calculate the level of saving at every level of income
ii Compute MPC and MPS
b) Use the following information to calculate equilibrium income
Y=C+I+G+X-M
C =50+ 0.7Yd, I= 20, 0=40, T=20, X =150,
M = 20+0.3Yd
c) If The government spending increase by 40m, with how much will the income increase?
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