Menu

3) In An Economy With No Government And No Foreign Sectors Autonomous Consumption Is 250 Billion Investment Is

0 Comment

() Multiplies =
1 – MPC
1- 0 . 75
0.25
[Multiplies = 4 )
d) amp; I = $450bu
then
Y = C+I would give
0. 257 = 250 + 450 = 700 0
y* = 2800 – new equilibrium
GDP
e ) if there is an increase of 30 in…Macroeconomics