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A. The table below shows real GDP. Y. the components of planned expenditure, and aggregate planned expenditure (in millions of dollars) for an economy in

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A. The table below shows real GDP. Y. the components of planned expenditure, and aggregate planned expenditure (in millions of dollars) for an economy in which taxes are constant. Planned Expenditure G X AF 20 1.75 1,0 1,25 1.75 1.0 1.25 0.4 6.8 R 1.0 1.25 0.8. 76 1.75 1,25 12 6.8 1.75 1.0 T 1.6 10 1.75 1.0 1.25 U 10.0 12 92 1.75 1.0 1.25 24 Find the values of O, R. S, T. U. and V. (6 marks) Calculate the marginal propensity to consume and the marginal propensity to import. Also, what is equilibrium expenditure? (6 marks) If investment crashes to $0.55 million but nothing else changes, what is equilibrium expenditure and what is the multiplier? (7 marks)

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