Consider the following table: Actual Aggregate Expenditure or Output (Y) (billions of $) 2,200 2,300 2,400...

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Consider the following table: Actual Aggregate Expenditure or Output (Y) (billions of $) 2,200 2,300 2,400 2,500 2,600 2,700 Consumption (C) (billions of $) 1,860 1,940 2,020 2,100 2,180 2,260 Planned Investment Government Spending (billions of $) (G) (billions of $) 100 100 200 200 200 200 200 200 D. What is the equilibrium level of output? $ a. What is the value of the marginal propensity to consume? 100 100 100 100 Net Exports (NX) (billions of $) Instructions: In part a, round your answer to two decimal places. In part b, enter your answer as a whole number. 100 100 100 100 100 100 Consider the following table: Actual Aggregate Expenditure or Output (Y) (billions of $) 2,200 2,300 2,400 2,500 2,600 2,700 Consumption (C) (billions of $) 1,860 1,940 2,020 2,100 2,180 2,260 Planned Investment Government Spending (billions of $) (G) (billions of $) 100 100 200 200 200 200 200 200 D. What is the equilibrium level of output? $ a. What is the value of the marginal propensity to consume? 100 100 100 100 Net Exports (NX) (billions of $) Instructions: In part a, round your answer to two decimal places. In part b, enter your answer as a whole number. 100 100 100 100 100 100

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output Y Consumption C MPC C2C1Y2Y1 Planned investment Government spending G Net exports NX AD CNX... View the full answer