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The economy of Stranglethorn has the following parameters Autonomous desired consumption expenditures are $450. Marginal propensity to consume out of disposable income is 0.60.
The economy of Stranglethorn has the following parameters Autonomous desired consumption expenditures are $450. Marginal propensity to consume out of disposable income is 0.60. Net tax rate of national income is 10% Autonomous desired investment expenditures are $250 Autonomous government purchases are $350, Autonomous export expenditures are $150. Marginal propensity to import is 0.10 The level of desired autonomous aggregate expenditures in this economy is $ (Round your response to the nearest dollar)
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