Problem 2 Suppose in a country investment ( I ) increases by SR 50 billion and consumption is given by C 20 0 75 Y What is the autonomous consumption What is the induced consumption What is the value of MPC What is the value of the multiplier What will be the increase in national income ( Y ) ...

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Problem 2 : Suppose in a country investment ( I ) increases by SR. 50 billion and

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Problem 2 :

Suppose in a country investment ( I ) increases by SR. 50 billion and consumption is given by : C = 20 + 0.75 Y .

What is the autonomous consumption ?
What is the induced consumption ?
What is the value of MPC ?
What is the value of the multiplier ?
What will be the increase in national income ( Y ) ?

Related Book For answer-question

Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Posted Date: Dec 16, 2022 03:04 AM

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Problem 2 : Suppose in a country investment ( I ) increases by SR. 50 billion and

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Macroeconomics

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