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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 in table below. Y T YD C S I G XN AE Unplanned Investment $650 $90 $520 $40 $85 $75 $10 700 45 -5 750 800 b. The value of equilibrium income is $ c. If planned investment decreases by $20, the new value of equilibrium income is $|

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 in table below. Y T YD C S I G XN AE Unplanned Investment $650 $90 $520 $40 $85 $75 $10 700 45 -5 750 800 b. The value of equilibrium income is $ c. If planned investment decreases by $20, the new value of equilibrium income is $|

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter11: Fiscal Policy
Section: Chapter Questions
Problem 1.7P
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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 in table below. Y T YD C S I G XN AE Unplanned Investment $650 $90 $520 $40 $85 $75 $10 700 45 -5 750 800 b. The value of equilibrium income is $ c. If planned investment decreases by $20, the new value of equilibrium income is $|
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 in table below. Y T YD C S I G XN AE Unplanned Investment $650 $90 $520 $40 $85 $75 $10 700 45 -5 750 800 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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