Use the data in the Worked Problem on p. 740 to calculate the change in equilibrium expenditure

Question:

Use the data in the Worked Problem on p. 740 to calculate the change in equilibrium expenditure when investment decreases by $150 billion.

Worked Problem Data

You are given the following data about an economy that has a fixed price level, no imports, and no taxes.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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