The consumption function is given by: C = 200+0.75 (Y-T). The investment  function  is I = 200-25r. Government purchases and taxes are both 100. For this economy , graph the IS curve for r ranging from 0 to 8.

Calculate the value of MPS when the value of MPC is given to be as 0.25

In the economy of Akron, the tax and savings functions are as follows: T=220+0.2Y S = -140 +0.3Y a) What is the equation for the consumption function? Remember to enter a minus (-) sign to indicate negative values. C=(Clickselect) Y b) If Y=1100, complete the following table: Y 1100 YD

Assuming that each of the following functions are linear, give an economic interpretation of the slope ofthe function:a. C(Y) is the national consumption when national income is Yb. S(Y) is the total national savings when national income is Y