140 Planned AE 120 100 New Planned AE 80 60 40 20 20 40 60 80 100 120 140 160 180 200 Real GDP (in billions of dollars) 7. What is MPC if this hypothetical economy were to move the macroeconomic points from C to A? Planned Aggregate Spending (billions of
140 Planned AE 120 100 New Planned AE 80 60 40 20 20 40 60 80 100 120 140 160 180 200 Real GDP (in billions of dollars) 7. What is MPC if this hypothetical economy were to move the macroeconomic points from C to A? Planned Aggregate Spending (billions of
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:200
45 degree line
180
160
140
Planned AE
120
100
New Planned AE
80
60
40
20
20 40 60 80 100 120 140 160 180 200
Real GDP (in billions of dollars)
7. What is MPC if this hypothetical economy were to move the macroeconomic
points from C to A?
0.5
0.85
0.75
0.95
none of the answers given is correct
Planned Aggregate Spending (billions of dollars)
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