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You are given the following data concerning Kadwan, a country located in the mountains: . Consumption function: C = 150 +0.70Y Investment function: I =
You are given the following data concerning Kadwan, a country located in the mountains: . Consumption function: C = 150 +0.70Y Investment function: I = 100 Aggregate expenditure function: AE =C+I Equilibrium: AE = Y The MPC in Kadwan is (Round your response to two decimal places.) The MPS in Kadwan is (Round your response to two decimal places.)
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