a macroeconomy functioning at fullempioyment The marginaipropensity toconsume is 0.75 • AutonortouS consumption is MI00 • GOvemment spending i75 • intendcd invesmenk is JM50 O write out the equation for aggregatademand and caiculare eavilibnum income and ovMPut' O Show graphically eauiiibrium calan ared in ca) and explain why theeconomy isheading towards eavillonim ©wnat is the multiplier? canymption decreases From 100 to à 5O
a macroeconomy functioning at fullempioyment The marginaipropensity toconsume is 0.75 • AutonortouS consumption is MI00 • GOvemment spending i75 • intendcd invesmenk is JM50 O write out the equation for aggregatademand and caiculare eavilibnum income and ovMPut' O Show graphically eauiiibrium calan ared in ca) and explain why theeconomy isheading towards eavillonim ©wnat is the multiplier? canymption decreases From 100 to à 5O
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
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