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MY W 1150 100 TY NX50- Where Cindented commumption, in denied investment, whicholt weth, G.desired rutement peny NX w desired net export, and Y la
MY W 1150 100 TY NX50- Where Cindented commumption, in denied investment, whicholt weth, G.desired rutement peny NX w desired net export, and Y la national income Suppose wealth in comun - 10.000. Draw the aggregate expenditure function on a scale diagram along with the 45 line. What is the equalibrium level of national income? (5 marks) Page What is a marginal propertire per in this wed the winter setting mark) What is the value of the simple multiplier? (2 marks) Using your answer from part (c), what would be the change in equilibrium national income desired investment increased to 2502 Show this in your diagram. (3 marks) MY W 1150 100 TY NX50- Where Cindented commumption, in denied investment, whicholt weth, G.desired rutement peny NX w desired net export, and Y la national income Suppose wealth in comun - 10.000. Draw the aggregate expenditure function on a scale diagram along with the 45 line. What is the equalibrium level of national income? (5 marks) Page What is a marginal propertire per in this wed the winter setting mark) What is the value of the simple multiplier? (2 marks) Using your answer from part (c), what would be the change in equilibrium national income desired investment increased to 2502 Show this in your diagram
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