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Consider an economy with the following data: Consumption expenditure = $1,043,583 million Planned investment = $360,557 million Government expenditure = $438,024 million Export expenditure =
Consider an economy with the following data:
Consumption expenditure = $1,043,583 million
Planned investment = $360,557 million
Government expenditure = $438,024 million
Export expenditure = $403,360 million
Import expenditure = $395,645 million
Autonomous taxes = $191,435 million
Income tax rate = 28.0%
Marginal propensity to save = 0.32
Marginal propensity to import = 0.1
Calculate autonomous net exports (solve to one decimal points).
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