Question
Suppose Ausland's spending for the year can be described by the table below: Construction of New Housing $800 Government Spending on Current Goods and Services
Suppose Ausland's spending for the year can be described by the table below:
Construction of New Housing | $800 | Government Spending on Current Goods and Services | $630 |
Export Revenue | $100 | Imports | $40 |
GST Revenue | $140 | Private Consumption | $300 |
Sale of Existing Housing | $170 | Private Purchases of Capital Equipment | $200 |
Marginal Tax Rate | 0.10 | Marginal Propensity to Consume | 0.7 |
What is the value of Ausland's Investment expenditure (I) ?
a.$900
b.$870
c.$1000
d.$240
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Statistics For Psychology
Authors: Arthur Aron, Elaine N. Aron, Elliot J. Coups
6th Edition
205258158, 978-0205258154
