PLEASE HELP! URGENT!!! 5. Assume the current equilibrium level of income is $200 billion as compared to the full-employm

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PLEASE HELP! URGENT!!!
5. Assume the current equilibrium level of income is $200billion as compared to the full-employment income level of $240billion. If the MPC is 0.6, what change in aggregate expendituresis needed to achieve full employment?
Multiple Choice
a decrease of $24 billion
an increase of $16 billion
a decrease of $16 billion
an increase of $24 billion
If APC = .6 and MPC = .7, the immediate impact of an increase inpersonal taxes of $20 will be to:
Multiple Choice
decrease consumption by $14.
decrease consumption by $12.
increase consumption by $14.
have no effect on consumption.
If the equation C = 60 + .2Y, where C is consumption and Yis disposable income, were graphed:
Multiple Choice
the vertical intercept would be +60 and the slope would be+0.2
the vertical intercept would be +20 and the slope would be+.6.
the vertical intercept would be negative, but consumption wouldincrease as disposable income rises.
it would reveal an inverse relationship between consumption anddisposable income.