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Autonomous planned investment is (380. Autonomous consumption is (50. The marginal propensity to consume is 18/20. There are no taxes and no exports or imports.
Autonomous planned investment is (380. Autonomous consumption is (50. The marginal propensity to consume is 18/20. There are no taxes and no exports or imports. What is the equilibrium level of real GDP? Round to two decimal places and do not enter the currency symbol. If your answer is (6114, enter 6.11. If your answer is 6.115, enter 6.12. If appropriate, remember to enter the - sign. In case you are interested, (I is the symbol for the cedi, the ofcial currency of Ghana
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