The marginal propensity to expend is .8. Autonomous expenditures are $4,200. What is the level of equilibrium

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The marginal propensity to expend is .8. Autonomous expenditures are $4,200. What is the level of equilibrium income in the economy? 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 .8. Autonomous expenditures are $4,200. What is the level of equilibrium

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