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Assume that the marginal propensity to consume is 0.90 and autonomous consumption expenditures equal $100 billion. Further, assume that planned investment spending is $400 billion

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Assume that the marginal propensity to consume is 0.90 and autonomous consumption expenditures equal $100 billion. Further, assume that planned investment spending is $400 billion and government spending, taxes, and net exports are zero Equilibrium output equals If autonomous consumption expenditures drop by 550 billion to 350 bilion equilibrum output equals

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