Question
Suppose that autonomous consumption is 2,005, government purchases are 696, taxes are 0, planned investment spending is 671, net exports are 166, and the MPC
Suppose that autonomous consumption is 2,005, government purchases are 696, taxes are 0, planned investment spending is 671, net exports are 166, and the MPC is 0.65. What is the value of autonomous spending?
Suppose Google plans to produce 10 million Pixel phones this year. The company expects to sell 7.7 million. Suppose that at the end of the year, Google has sold 6.2 million Pixels. What is the level of actual inventories?
The GDP per-capita increased from $25,733 in 2016 to $27,635 in 2017 for a fictitious country named Pamopolis. What was the growth rate in 2017?
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