PLEASE ANSWER PART G ONLY( A TO F ARE CORRECT) The economy of Sunrise Island has the following features: • fixed price level • no foreign trade • autonomous desired investment (I) of $20 billion • autonomous government purchases (G) of $30 billion • autonomous desired consumption (c) of $10 billion • marginal propensity to consume out of disposable income of 0.60 • net tax rate of 0.20 of national income a. Write an equation expressing consumption as a function of disposable income. Write the constant values in billions of dollars. C = 10 + 0.60 Yo (Round your response for the intercept to the nearest whole number, and round your response for the slope to two decimal places.) b. Write an equation expressing net tax revenues as a function of national income. T = 0.20 Y (Round your response to two decimal places.) c. Write an equation expressing disposable income as a function of national income. YD = 0.80 Y (Round your response to two decimal places.) d. Write an equation expressing consumption as a function of national income. Write the constant values in billions of dollars. C = 10 + 0.48 Y (Round your response for the intercept to the nearest whole number, and round your response for the slope to two decimal places.) e. Write an equation for the AE function. Write the constant values in billions of dollars. AE = 60 + 0.48 Y (Round your response for the intercept to the nearest whole number, and round your response for the slope to two decimal places.) f. What is the marginal propensity to spend out of national income? The marginal propensity to spend out of national income is 0.48. (Round your response to two decimal places.) g. Calculate the simple multiplier for Sunrise Island. The simple multiplier for Sunrise Island is 1.92. (Round your response to two decimal places.)