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Problem #4: Macroeconomic Table - Income & Expenditure Model Use the data in the following table to complete the following exercises. (whints un uenats) 1.
Problem \#4: Macroeconomic Table - Income \& Expenditure Model Use the data in the following table to complete the following exercises. (whints un uenats) 1. Complete the columns for AEPlanned and IUnplanned in the table. 2. What is the value of the MPC ? 3. What is the equation for the planned aggregate expenditure function? 4. What is the value of income-expenditure equilibrium GDP, (Y) ? Problem \#4: Macroeconomic Table - Income \& Expenditure Model Use the data in the following table to complete the following exercises. (whints un uenats) 1. Complete the columns for AEPlanned and IUnplanned in the table. 2. What is the value of the MPC ? 3. What is the equation for the planned aggregate expenditure function? 4. What is the value of income-expenditure equilibrium GDP, (Y)
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