Assume that Bongoliers consume 80 percent of their disposable incomes and save 20 percent. You are asked by the business editor of the Bongo Tribune to predict the events of the next few months. By using the data given and assuming that investment is constant, if the government of Bongo makes no changes, you prediet that income w fall, since aggregate expenditure is less than output/income If no changes are made, the economy of Bongo will settle at a level of GDP of billion Bongos. (Enter your response as an integer.)

Assume that Bongoliers consume 80 percent of their disposable incomes and save 20 percent. You are asked by the business editor of the Bongo Tribune to predict the events of the next few months. By using the data given and assuming that investment is constant, if the government of Bongo makes no changes, you prediet that income w fall, since aggregate expenditure is less than output/income If no changes are made, the economy of Bongo will settle at a level of GDP of billion Bongos. (Enter your response as an integer.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Would like all parts answered please; specifically parts (d,e,f)
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