Consider an economy in which autonomous taxes are 600; autonomous consumption is 1,200; planned investment is 1,600;
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Question:
Consider an economy in which autonomous taxes are 600; autonomous consumption is 1,200; planned investment is 1,600; 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 14,000?
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