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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 = 100
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+1 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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