If autonomous consumption was $300 billion, investment was $200 billion, government purchases were $400 billion, and net

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If autonomous consumption was $300 billion, investment was $200 billion, government purchases were $400 billion, and net exports were a negative $100 billion, what would autonomous consumption be? What would equilibrium income be?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 20, 2023 01:36 AM

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If autonomous consumption was $300 billion, investment was $200 billion, government purchases were $400 billion, and net

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Autonomous expenditures are the autonomous components of consumpt...View the full answer

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