2) Fill in the missing values in the following table. Assume that the value of the...

Transcribed Image Text:

2) Fill in the missing values in the following table. Assume that the value of the marginal propensity to consume does not change as real GDP changes and that there are zero taxes. Show your calculation details. (Enter all values as integers.) Y $800 $900 $1,100 $1,300 $1,500 C $500 $560 I $80 $80 $80 $80 $80 G $120 $120 $120 $120 $120 NX -$10 -$10 -$10 -$10 -$10 AE 2) Fill in the missing values in the following table. Assume that the value of the marginal propensity to consume does not change as real GDP changes and that there are zero taxes. Show your calculation details. (Enter all values as integers.) Y $800 $900 $1,100 $1,300 $1,500 C $500 $560 I $80 $80 $80 $80 $80 G $120 $120 $120 $120 $120 NX -$10 -$10 -$10 -$10 -$10 AE

Answer rating: 100% (QA)

Explanation Final ... View the full answer