Question: Kindly provide the solution with formula Assuming that the Marginal Propensity to Consume is constant, complete the following table, calculate the value of the MPC

Kindly provide the solution with formula

Assuming that the Marginal Propensity to Consume is constant, complete the following table, calculate the value of the MPC and of equilibrium GDP, and tell what would happen to equilibrium GDP if Government purchases fell to 1,000. GDP CONSUMPTION PLANNED INVESTMENT GOVT. PURCHASES NET EXPORTS 9000 7600 1200 1200 -400 10000 8400 1200 1200 -400 11000 1200 1200 -400 12000 1200 1200 -400 13000 1200 1200 -400 + 1212 PM O 13/2020

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