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This question is based on the following information: Autonomous consumption = 200 Investment spending = 300 Marginal propensity to consume = 0,80 The equilibrium level
This question is based on the following information:
- Autonomous consumption = 200
- Investment spending = 300
- Marginal propensity to consume = 0,80
The equilibrium level of income is___________.
a.2000
b.2500
c.1000
d.4000
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
