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Can you help on 2 a, b and c? Thank you ile Preview Page ile Preview Page < > 0 2. Fill in the following
Can you help on 2 a, b and c? Thank you
ile Preview Page < > 0 2. Fill in the following table assuming taxes * 0 and the MPC is constant: 4 Planned Aggregate Expenditure ZOOM Unplanned Change in Inventories Real GDP $9,000 10,000 11,000 12,000 13,000 a. b. Consumption (C) $7,600 8,400 Planned investment (l) $1,200 $1,200 $1,200 $1,200 $1,200 Government Net Exports Purchases (G) $1,100 $1,100 $1,100 $1,100 $1,100 (NX) -$300 -$300 -$300 -$300 -$300 What is the value of the MPC? What is the value of the MPS? c. What is the value of equilibrium real GDP?
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