Question: 8. (LO 4) The partial data in Table 6.13 are for the economy of Arinaka. Planned investment, government spending, and all taxes are autonomous. Furthermore,

8. (LO 4) The partial data in Table 6.13 are for the economy of Arinaka. Planned investment, government spending, and all taxes are autonomous. Furthermore, you may assume that the MPC, MPS, and MPM are constant.

a) Fill in the blanks in Table 6.13.

b) What is the value of equilibrium income?

c) If planned investment decreases by 20, what is the new value of equilibrium income?

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