The following information applies to questions 1-6. Suppose we have the following information for the simple (foxed r, foxed P. foxed W) Keynesian model C-400+0.9 1-310 - 400+ 0.9 (Y-T) T-200, where C is the consumption function, (Y-T) is disposable income, I is investment, G is government spending, and T is taxes. 1. What is autonomous consumption? O $320 O none of the options O $0.80 O $400 O $500 Question 2 2.06 pts 2. What can you say about the government's budget situation? (Hint: Think about what "G" and T stand for.) O There is a budget surplus.. O There is a budget deficit. O We cannot say anything about the government budget. None of the other options. The budget is balanced. G = 140 Question 3 3. What is equilibrium income ($output), ye? $5,050 $5,450 $6,700 $2,050 O $3,450 Question 4 4. What is the numerical value the marginal propensity to consume? 0.9 533.33 0.8 0.2 400 2.06 pts 2.06 pts 2.06 pts 400 Question 5 5. What is the numerical value of the marginal propensity to save? 0.8 0.1 O 0.2 0.9 Question 6 2.06 pts 6. If government spending increased by $80, equilibrium Y would (#6 IS THE LAST OF THE QUESTIONS REFERRING TO INFORMATION AT THE BEGINNING.) O decrease by $160. O increase by $400. increase by $320. O increase by approximately $106.67. O increase by $800.