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. Unplanned Investnent YD AE $458 500 550 $50 $360 $40 $65 $55 $10 45 -5 600 o. The value of equilibrium income is $O E 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. Unplanned Investnent YD AE $458 500 550 $50 $360 $40 $65 $55 $10 45 -5 600 o. The value of equilibrium income is $O E If planned investment decreases by $20, the new value of equilibrium 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 in table below,
Unplanned
Investment
Y.
YD
AE
$458
$50
$360
$40
$65
$55
$20
See
45
-5
550
600
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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