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Fill in the missing values in the following table. Assume that the value of the MPC does not change as real GDP changes and that
Fill in the missing values in the following table. Assume that the value of the MPC does not change as real GDP changes and that there are zero taxes. (Enter all values as integers ) Real GDP Consumption Planned Government Net (Y) (C) Investment (!) Purchases (G) Exports (NX) $13,000 $11 700 $1,300 51,200 -$325 $14.000 $12,600 51 300 1,200 $325 515,000 $1.300 1,200 -$325 $16,000 $1,300 1,200 - $325 $17.000 $1.300 1,200 -$325 Now use the table to find aggregate expenditure and the unplanned change in inventories Real GDP Consumption Planned Aggregate Unplanned Planned Government Net Exports (Y) Expenditure (AE) (C) Change In Investment (1) Purchases (G) (NX) Inventories $13.000 $11.700 $1.300 $1,200 - $325 $14.000 $12,600 $1.300 1.200 -$325
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