Suppose aggregate output isdemand-determined. Suppose a decrease in autonomous investment expenditure of $24 million reduces equilibrium national

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Suppose aggregate output isdemand-determined. Suppose a decrease in autonomous investment expenditure of $24 million reduces equilibrium national income by $60 million. The marginal propensity to spend is equal to

A. 0.40

B. 2.50

C. 0.40

D.2.50

E. 0.60

Posted Date: Jun 25, 2024 05:04 PM

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Suppose aggregate output isdemand-determined. Suppose a decrease in autonomous investment expenditure of $24 million reduces equilibrium national

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