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

Consider a simple macro model with a constant price level and demand-determined oufput. The equations of the model are: C=150+0.75Y,I=300,G=700,T=0,x=100,IM=0.11Y. The marginal propensity to spend on national income, z, is
A.0.833
B.0.480
C.0.668
D.0.630
E.0.640
Consider a simple macro model with a constant

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