(Solved): Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 bill ...

Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respectively. Next, assume that disposable income increases by $20 billion, consumption rises by $18 billion, and saving goes up by $2 billion. Instructions: In part a, round your answers to 1 decimal place. In part b, round your answers to 3 decimal places. a. What is the economy's MPC? MPC What is its MPS? MPS b. What was the APC before the increase in disposable income? APC before What was the APC after the increase? APC after=