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Answer the following questions using the aggregate expenditures model of the economy described below. C=450+0.65 Yd T=230 I = 600 G = 700 X

Answer the following questions using the aggregate expenditures model of the economy described below. C=450+0.65 Yd T=230 I = 600 G = 700 X = 450 M=0.2 Y (a) What are the marginal propensity to consume Number propensity to import Number (b) What is the marginal propensity to save? Number (c) The saving function is: S = Number + Number Yd. (d) What is the value of Ye? Number and the marginal

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