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Assume that Malaysia is a closed economy without a government. Now under new leadership they decided to introduce government and taxation into the economy. Use

Assume that Malaysia is a closed economy without a government. Now under new leadership they decided to introduce government and taxation into the economy. Use the following information to solve the question. Autonomous consumption = 2 000 million Autonomous investment = 1 500 million Autonomous government spending = 1 200 million Full employment = 6 500 million c = 0.65 t = 0.15

Aggregate expenditure in the economy of Malaysia is.....

a.

4 700 million

b.

11 200 million

c.

3 500 million

d.

2 700 million

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