Question
Consider an economy in which autonomous taxes are 1,750; autonomous consumption is 1,400; planned investment is 2000; government expenditure is 2,050 and the marginal propensity
Consider an economy in which autonomous taxes are 1,750; autonomous consumption is 1,400; planned investment is 2000; government expenditure is 2,050 and the marginal propensity to consume is 0.7
What is the level of unintended inventory investment when the level of income equals 12,000?
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
