suppose the marginal propensity to consume is 0.75, the marginal propensity to import is 0.25, there are no taxes, and total autonomous expendiutr is 100. the aggregate expenditure funtion is: AE= _+__________y

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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suppose the marginal propensity to
consume is 0.75, the marginal
propensity to import is 0.25, there are
no taxes, and total autonomous
expendiutr is 100. the aggregate
expenditure funtion is: AE=
+
_y
Transcribed Image Text:suppose the marginal propensity to consume is 0.75, the marginal propensity to import is 0.25, there are no taxes, and total autonomous expendiutr is 100. the aggregate expenditure funtion is: AE= + _y
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