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1.In an economy with no government and no foreign sector GDP is $8,000, autonomous consumption is $600, planned investment spending is $400 and marginal propensity
1.In an economy with no government and no foreign sector GDP is $8,000, autonomous consumption is $600, planned investment spending is $400 and marginal propensity to consume is 0.8. How much is unplanned inventory investment?
a)$1,400
b)$900
c)$600
d)$1,200
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