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Suppose that we are In an economy with international trade, the government, domestic consumption, and investment. The government retains a tax rate of 10%. Suppose

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Suppose that we are In an economy with international trade, the government, domestic consumption, and investment. The government retains a tax rate of 10%. Suppose that we observe this economy at two levels of national income (Y) ceteris pari bus: (i) Y = 1,000 and (ii) Y = 1,800. The amounts for each of these desired expenditure categories at each- of these levels of Y are given by: AtY=1DOD: Consumption = 1,000 Government Spending = 550 Investment = 150 Imports = 100 Exports = 150 Y=18 Consumption = 1,560 Government Spending = 550 Investment = 270 Imports =. 180 Exports = 150 Based upon this data, answer the following questions. We will keep referring to four categories -these are Consumption (C), Investment (I), Government Spending (G), and Net Exports (Hit). 4. in the previous question, you have solved for how Consumption varies with National Income. Recall though that with a tax rate (10%), National Income (Y) does not equal disposable Income (Yo) for consumer. Therefore, what is consumers' marginal propensities to consume in this example? Round to two decimal places. [3 points]

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