please help solve a macroeconomy functioning at fullemployment•The marginaipropensity toconsume IS 0.75• AutonoriouS consumption is MI00• intendcd invesmenk is 50O write out the equation for aggregatedemand and caiculareeavilibnum (ncomie and ouputO show graphicatly eavirbum calan ared in ca)andexplain why theeconomy iS neading towards eavilibnim©wnat is the multiplier?if avtonomoUS consumption dec reases From 100 to 50what does the new graph ioor ilke? caiculaie the newinpariadout Put and incomewhatisanoner faciormatcoua causeanegarnre shock toaggregate demamdwhat sre andtupeof PiScal poncy woydbring miseconomy back ro fnemproyment eariibnum?

MPC = 0.75 c = 1100 G = 75 I = 50 c- Autonomous Consumption, I-Investment, and G - Government…

a macroeconomy functioning at fullempioyment The marginaipropensity toconsume is 0.75 • AutonortouS consumption is MI00 • GOvemment spending i75 • intendcd invesmenk is JM50 O write out the equation for aggregatademand and caiculare eavilibnum income and ovMPut' O Show graphically eauiiibrium calan ared in ca) and explain why theeconomy isheading towards eavillonim ©wnat is the multiplier? canymption decreases From 100 to à 5O

a macroeconomy functioning at fullempioyment The marginaipropensity toconsume is 0.75 • AutonortouS consumption is MI00 • GOvemment spending i75 • intendcd invesmenk is JM50 O write out the equation for aggregatademand and caiculare eavilibnum income and ovMPut' O Show graphically eauiiibrium calan ared in ca) and explain why theeconomy isheading towards eavillonim ©wnat is the multiplier? canymption decreases From 100 to à 5O

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter6: Consumer Choices

Section: Chapter Questions

Problem 14CTQ: The rules of politics are not always the same as the rules of economics. In discussions of setting...

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