Question: Consider a simple macro model with a constant price level and demand - determined output. The equations of the model are: Cequals = 1 5

Consider a simple macro model with a constant price level and demand-determined output. The equations of the model are: Cequals=150150plus+0.860.86Y, Iequals=400400, Gequals=750750, Tequals=0, Xequals=150150, IMequals=0.100.10Y. The marginal propensity to spend on national income, z, is________. Question content area bottom Part 1 A.0.6450.6450.645 B.0.7600.7600.760 C.0.5590.5590.559 D.0.7740.7740.774 E.0.9460.9460.946

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