Autonomous Consumption R535m Marginal propensity to consume is 0.75 Investment Spending R322m Government Spending R300m Imports R175m + 0.08Y Exports R283m Taxes = 0.1Y
Autonomous Consumption R535m Marginal propensity to consume is 0.75 Investment Spending R322m Government Spending R300m Imports R175m + 0.08Y Exports R283m Taxes = 0.1Y
Chapter4: The Aggregate Economy
Section: Chapter Questions
Problem 7E
Related questions
Question
Autonomous Consumption R535m
Marginal propensity to consume is 0.75
Investment Spending R322m
Government Spending R300m
Imports R175m + 0.08Y
Exports R283m
Taxes = 0.1Y
Full employment level of output is R3 483m
Calculate the value of induced imports in this
economy, given the equilibrium level of output.
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