Principles of Macroeconomics
Principles of Macroeconomics
7th Edition
ISBN: 9781260110982
Author: Frank, Robert
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 13, Problem 3P

(a)

To determine

Find a numerical equation linking planned aggregate expenditure to output.

(b)

To determine

Find autonomous expenditure and induced expenditure in the given economy.

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