In a model with no government or foreign sector, if autonomous consumption is c30, investment is 150, and the marginal propensity to consume is,0.75, equilibrium income () is equal to: Select one: O. AB0 Ob 720 O 180 O. 700 Oe 240
In a model with no government or foreign sector, if autonomous consumption is c30, investment is 150, and the marginal propensity to consume is,0.75, equilibrium income () is equal to: Select one: O. AB0 Ob 720 O 180 O. 700 Oe 240
Chapter9: Aggregate Expenditures
Section: Chapter Questions
Problem 15E
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