Calculate the Marginal Propensity to Consume and the Marginal Propensity to Save. Fill in the blanks in the following table. Show that the MPC plus the MPS equals 1. National Income & Real GDP (Y)...

Calculate the Marginal Propensity to Consume and the Marginal Propensity to Save. Fill in the blanks in the following table. Show that the MPC plus the MPS equals 1.

National Income & Real GDP (Y)	Consumption (C)	Saving (S)	MPC	MPS
$9,000	$8,000
$10,000	$8,600
$11,000	$9,200
$12,000	$9,800
$13,000	$10,400

May 17, 2022

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