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Consider the following information for Slovenia. Category Amount Autonomous Consumption 430 MPC 0.9 Tax Rate 0.25 Investment 800 Government Expenditure 100 Exports 20 MPI 0.05
Consider the following information for Slovenia.
Category | Amount |
Autonomous Consumption | 430 |
MPC | 0.9 |
Tax Rate | 0.25 |
Investment | 800 |
Government Expenditure | 100 |
Exports | 20 |
MPI | 0.05 |
5. What is the equilibrium level of GDP in the income-expenditure model?
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