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Use the table below to calculate the MPC, MPS, government spending multiplier, and tax multiplier. Planned Aggregate Expenditures 2,700 Consumption Output Spending 2,100 2,000 2,600 2,300 3,100 2,600 3,600 2,900 4,100 3,200 4,600 3,500 4,200 4,500 5,100 3,800 MPC = (Round your response to one decimal place.) 3,000 3,300 3,600 3,900 Planned aggregate expenditure, AE 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0- 0 45 line 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Aggregate output, Y

Use the table below to calculate the MPC, MPS, government spending multiplier, and tax multiplier. Planned Aggregate Expenditures 2,700 Consumption Output Spending 2,100 2,000 2,600 2,300 3,100 2,600 3,600 2,900 4,100 3,200 4,600 3,500 4,200 4,500 5,100 3,800 MPC = (Round your response to one decimal place.) 3,000 3,300 3,600 3,900 Planned aggregate expenditure, AE 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0- 0 45 line 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Aggregate output, Y

Economics For Today
Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter19: The Keynesian Model In Action
Section: Chapter Questions
Problem 7SQP
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Use the table below to calculate the MPC, MPS, government spending multiplier, and tax multiplier. Planned Aggregate Expenditures 2,700 3,000 3,300 3,600 3,900 4,200 4,500 MPC = (Round your response to one decimal place.) Consumption Output Spending 2,100 2,000 2,600 2,300 3,100 2,600 3,600 2,900 4,100 3,200 4,600 3,500 5,100 3,800 Planned aggregate expenditure, AE 4,000 3,500 3,000- 2,500 2,000 1,500 1,000 500+ 0+ 0 45 line 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Aggregate output, Y
Transcribed Image Text:Use the table below to calculate the MPC, MPS, government spending multiplier, and tax multiplier. Planned Aggregate Expenditures 2,700 3,000 3,300 3,600 3,900 4,200 4,500 MPC = (Round your response to one decimal place.) Consumption Output Spending 2,100 2,000 2,600 2,300 3,100 2,600 3,600 2,900 4,100 3,200 4,600 3,500 5,100 3,800 Planned aggregate expenditure, AE 4,000 3,500 3,000- 2,500 2,000 1,500 1,000 500+ 0+ 0 45 line 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Aggregate output, Y
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