The marginal propensity to expend is .66 and autonomous expenditures have just fallen by $20. a. What

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The marginal propensity to expend is .66 and autonomous expenditures have just fallen by $20.
a. What will likely happen to equilibrium income?
b. Demonstrate graphically.

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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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Question Posted: Feb 12, 2016 05:02 AM

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The marginal propensity to expend is .66 and autonomous expenditures have just fallen by $20. a. What

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a If the mpe is 66 the value of the multiplier ...View the full answer

Macroeconomics

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