The partial data in the table below are for the economy of Arinaka Planned investment, government spending and all tes are autonomous. You may assume that the MPC. MPS, and MPM are constant a Fill in the blanks intable below nelanned Investment AE $500 $480 $40 $80 370 $10 65e 45 700 750 b. The value of equilibrium income is $ c.If planned investment decreases by $20, the new value of equilibrum income is $
The partial data in the table below are for the economy of Arinaka Planned investment, government spending and all tes are autonomous. You may assume that the MPC. MPS, and MPM are constant a Fill in the blanks intable below nelanned Investment AE $500 $480 $40 $80 370 $10 65e 45 700 750 b. The value of equilibrium income is $ c.If planned investment decreases by $20, the new value of equilibrum income is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes are
autonomous. You may assume that the MPC, MPS, and MPM are constant.
a Fill in the blanks intable below
YD
Unlanned
Investent
AE
$600
$80
$480
$40
$80
370
$30
650
45
700
750
b. The value of equilibrium income is $
C. If planned investment decreases by $20, the new value of equilibrium income is $
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