With the given information, answer the question. Autonomous consumption R 500 billion Autonomous government expenditure R 200 billion Autonomous investment R 250 billion Autonomous exports R 400 billion Autonomous imports R 250 billion Marginal propensity to consume 0,8 What is the size of the multiplier?.
With the given information, answer the question. Autonomous consumption R 500 billion Autonomous government expenditure R 200 billion Autonomous investment R 250 billion Autonomous exports R 400 billion Autonomous imports R 250 billion Marginal propensity to consume 0,8 What is the size of the multiplier?.
Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN:9781305280601
Author:William J. Baumol, Alan S. Blinder
Publisher:William J. Baumol, Alan S. Blinder
Chapter8: Aggregate Demand And The Powerful Consumer
Section: Chapter Questions
Problem 8DQ
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With the given information, answer the question.
Autonomous consumption R 500 billion
Autonomous government expenditure R 200 billion
Autonomous investment R 250 billion
Autonomous exports R 400 billion
Autonomous imports R 250 billion
Marginal propensity to consume 0,8
What is the size of the multiplier?.
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