S = -100+ 0.2 YIs the saving equilibrium level of income. Investment expenditure is 5,000. Calculate...
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S = -100+ 0.2 YIs the saving equilibrium level of income. Investment expenditure is 5,000. Calculate the equilibrium level of income. (Equilibrium Level of Income = 25,500) An economy is in equilibrium. Calculate Marginal Propensity to Consume: National Income = 1,000 Autonomous Consumption Expenditure = 200 Investment Expenditure = 100 (Marginal Propensity to Consume = 0.70) S = -100+ 0.2 YIs the saving equilibrium level of income. Investment expenditure is 5,000. Calculate the equilibrium level of income. (Equilibrium Level of Income = 25,500) An economy is in equilibrium. Calculate Marginal Propensity to Consume: National Income = 1,000 Autonomous Consumption Expenditure = 200 Investment Expenditure = 100 (Marginal Propensity to Consume = 0.70)
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Answer rating: 100% (QA)
A Y 25500 I 5000 S 100 02Y Y I S 25500 5000 100 02Y 255... View the full answer
Related Book For
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
Posted Date:
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