QUESTION 36 1 Q = 1- mpc + mpc ·t (Ca +I+G+X„) 1 AQ (ACa + AI + AG+ AXn) %3D 1- mpc + mpc ·t |= 100, G = 200, Ca = 100, Xn =-100, mpc = 4/5, t (income tax rate) =1/4 36. Given this model, what is the equilibrium level of income? 125 300 500 750 1,000 0O 0 O O

QUESTION 36 1 Q = 1- mpc + mpc ·t (Ca +I+G+X„) 1 AQ (ACa + AI + AG+ AXn) %3D 1- mpc + mpc ·t |= 100, G = 200, Ca = 100, Xn =-100, mpc = 4/5, t (income tax rate) =1/4 36. Given this model, what is the equilibrium level of income? 125 300 500 750 1,000 0O 0 O O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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