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10. Refer to Table 9.3. Which of the variables is NOT considered autonomous? a. Net Planned Taxes b. Planned consumption c. Planned government spending
10. Refer to Table 9.3. Which of the variables is NOT considered autonomous? a. Net Planned Taxes b. Planned consumption c. Planned government spending d. None of the above 11. Refer to Table 9.3. The equilibrium level of aggregate output is $ a. 3,300 million b. 3,100 c. 2,900 d. 2,700 12. Refer to Table 9.3. The MPC in this economy is and the MPS is a. 0.45; .55 b. 0.40; .60 c. 0.60; .40 d. 0.55; .45 13. Refer to Table 9.3. Assuming constant MPC, at income of $2,500 million, saving is $ million, at income $2,700 million, saving is $ million. a. 20; 130 b. -20; 110 c. 320; 430 d. 280; 290
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