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The following data relates to the economy of XYZ Investment 4000 Government spending 10000 Autonomous consumption 8000 Net exports 3600 The marginal propensity to save

The following data relates to the economy of XYZ

Investment 4000

Government spending 10000

Autonomous consumption 8000

Net exports 3600

The marginal propensity to save the economy of country XYZ is 0.4

What is the consumption function of the economy?

Compute the equilibrium level of income in the economy.

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