Fill in the missing numbers on the chart. Then tell me where we are operating on the Planned AE/RGDP graph for each line of our chart. Draw and label each point on the graph. Chng DI C S I X-M PlannedAE in Inv RGDP Net Taxes 5.0 1.0 3.7 1.0 -.5 4.1 5.5 .5 6.0 4.9 6.5 .7 7.0 What is the MPC for this example? What is the MPS (Marginal Propensity to Save)? |||| |||||

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter12: Federal Budgets And Public Policy
Section: Chapter Questions
Problem 3.6P
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3
Fill in the missing numbers on the chart. Then tell me where we are operating on the
Planned AE/RGDP graph for each line of our chart.
Draw and label each point on the graph.
Chng
in Inv
X-M PlannedAE
-5
C
I G
RGDP Net Taxes
5.0 1.0
DI
3.7
1.0
4.1
5.5
.5
6.0
4.9
6.5
.7
7.0
What is the MPC for this example?
What is the MPS (Marginal Propensity to Save)?
||||
||||
Transcribed Image Text:Fill in the missing numbers on the chart. Then tell me where we are operating on the Planned AE/RGDP graph for each line of our chart. Draw and label each point on the graph. Chng in Inv X-M PlannedAE -5 C I G RGDP Net Taxes 5.0 1.0 DI 3.7 1.0 4.1 5.5 .5 6.0 4.9 6.5 .7 7.0 What is the MPC for this example? What is the MPS (Marginal Propensity to Save)? |||| ||||
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