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The economy of Stranglethorn has the following features: Autonomous desired consumption expenditures are $600. Marginal propensity to consume out of disposable income is 0.80. Net
The economy of Stranglethorn has the following features: Autonomous desired consumption expenditures are $600. Marginal propensity to consume out of disposable income is 0.80. Net tax rate of national income is 10%. Autonomous desired investment expenditures are $200. Autonomous government purchases are $400. Autonomous export expenditures are $200. Marginal propensity to import is 0.20. The desired aggregate expenditure function in Stranglethorn can be written as: AE=|:|+|:|xY (Round your response for the slope term to two decimal places and for the intercept term to the nearest whole number.)
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