Use the table below to calculate the MPC, MPS, govemment spending mul.pdf

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Use the table below to calculate the MPC, MPS, govemment spending multiplier, and tax multiplior. MPC=0.6. (Round your response to one decimal place. ) MPS =0.4, (Round your response to one decitna place.) Goyemment spending multiplier = 2.5 . (Round your response to one decimal place.) Tax mukiplier = (Round your response to one decimal place.) 1.) Using the line drawing tood, draw the consumption line. Label your line "C." 2.) Using the line drawing tool, draw the planned aggregate expenditures tine. Label your line 'AE.' 3.) Using the point drewing took plot the equilbrim point on your graph. Label the point E." Note, Carefally follow the instructions above and only draw the reguined objocts..

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