16. Calculate autonomous consumption expenditure from the following data about an economy which is in equilibrium. Values in $ (millions) National income 900. Marginal propensity to save = 0.10. Investment expenditure 80.

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16. Calculate autonomous consumption expenditure from the following data about an economy which
is in equilibrium.
Values in $
National income 900.
%3D
Marginal propensity to save = 0.10.
Investment expenditure 80.
(millions)
000
Transcribed Image Text:16. Calculate autonomous consumption expenditure from the following data about an economy which is in equilibrium. Values in $ National income 900. %3D Marginal propensity to save = 0.10. Investment expenditure 80. (millions) 000
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