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We are given the following information about the economy of Kings Landing. Autonomous consumption = R100m Investment spending = R200m Government spending = R75 m

We are given the following information about the economy of Kings Landing.

Autonomous consumption = R100m

Investment spending = R200m

Government spending = R75 m

Proportional tax rate =

Autonomous net exports = R30m

MPC = 8/9

Full employment level of income = R1050m

Calculate

3.1.1 Autonomous spending

3.1.2 The value of the multiplier

3.1.3 The equilibrium level of income

3.1.4 The change in government spending required for the economy to attain full employment

3.1.5 The equilibrium level of consumption

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