Consider a simple macro model with a constant price-level and demand-determinedoutput. The equations of the model are:• C- 125 + 0.85YD• I= 50G = 200T= 0.20Y•X 125• IM = 0.25YTotal autonomous spending in this model is:(Nearest dollar.)Your Answer:

Autonomous spending is that part of spending which does not depend on income. It is calculated by…

Consider a simple macro model with a constant price-level and demand-determined output. The equations of the model are: • C- 125 + 0.85YD • 1 = 50 G = 200 T= 0.20Y X = 125 • IM = 0.25Y Total autonomous spending in this model is: (Nearest dollar.) Your Answer:

Consider a simple macro model with a constant price-level and demand-determined output. The equations of the model are: • C- 125 + 0.85YD • 1 = 50 G = 200 T= 0.20Y X = 125 • IM = 0.25Y Total autonomous spending in this model is: (Nearest dollar.) Your Answer:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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