Fill in the missing numbers on the chart. Then tell me where we are operating on the Planned AE/RGDP graph for each line of our chart. Draw and label each point on the graph. Chng DI C S I X-M PlannedAE in Inv RGDP Net Taxes 5.0 1.0 3.7 1.0 -.5 4.1 5.5 .5 6.0 4.9 6.5 .7 7.0 What is the MPC for this example? What is the MPS (Marginal Propensity to Save)? |||| |||||

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
3
Fill in the missing numbers on the chart. Then tell me where we are operating on the
Planned AE/RGDP graph for each line of our chart.
Draw and label each point on the graph.
Chng
in Inv
X-M PlannedAE
-5
C
I G
RGDP Net Taxes
5.0 1.0
DI
3.7
1.0
4.1
5.5
.5
6.0
4.9
6.5
.7
7.0
What is the MPC for this example?
What is the MPS (Marginal Propensity to Save)?
||||
||||
Transcribed Image Text:Fill in the missing numbers on the chart. Then tell me where we are operating on the Planned AE/RGDP graph for each line of our chart. Draw and label each point on the graph. Chng in Inv X-M PlannedAE -5 C I G RGDP Net Taxes 5.0 1.0 DI 3.7 1.0 4.1 5.5 .5 6.0 4.9 6.5 .7 7.0 What is the MPC for this example? What is the MPS (Marginal Propensity to Save)? |||| ||||
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