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You are given the following information: C = 1500 + .6 YD Ig= 2400Gross Investment G = 2000Government Expenditures T = 1800Taxes NX = -200Net
You are given the following information:
C = 1500 + .6 YD
Ig= 2400Gross Investment
G = 2000Government Expenditures
T = 1800Taxes
NX = -200Net Exports
- Compute the value of Marginal Propensity to Save (MPS).
- Compute the amount of autonomous planned spending,
- Compute the value of the multiplier.
- Compute the equilibrium of income,
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