The following are the parameters for the simple economy of Minnerva, which has no government involvement and no international trade. C= 1,160 - 0.75Y |= 1,250 a. The value of expenditures equilibrium is $ b. The value of the multiplier is Round your answer to 3 decimal places. c. If investment increases by 400, the new value of expenditures equilibrium is $

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Chapter9: The Keynesian Model In Action
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The following are the parameters for the simple economy of Minnerva, which has no government involvement and no international
trade.
C= 1,160 - 0.75Y
|= 1,250
a. The value of expenditures equilibrium is $
b. The value of the multiplier is
. Round your answer to 3 decimal places.
c. If investment increases by 400, the new value of expenditures equilibrium is $
Transcribed Image Text:The following are the parameters for the simple economy of Minnerva, which has no government involvement and no international trade. C= 1,160 - 0.75Y |= 1,250 a. The value of expenditures equilibrium is $ b. The value of the multiplier is . Round your answer to 3 decimal places. c. If investment increases by 400, the new value of expenditures equilibrium is $
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