Given

Consider an economy with the following data:

Consumption expenditure = $262,619.0 million

Planned investment = $86,227.0 million

Government expenditure = $113,601.0 million

Export expenditure = $99,804.0 million

Import expenditure = $97,424.0 million

Autonomous taxes = $56,700.0 million

Income tax rate = 28%

Marginal propensity to save = 0.4

Marginal propensity to import = 0.1

1.

Calculate the level of autonomous consumption when the level of income equals $450,179 million (solve to one decimal point).

What is the answer to this question?