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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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