Question: Please help me for homework, 1) Describe the marginal propensity to consume and show how it is computed. 2) Discuss how spending and output influences

Please help me for homework, 1) Describe the marginal propensity to consume and show how it is computed. 2) Discuss how spending and output influences equilibrium in a simple model where aggregate expenditure =consumption. 3) Describe how unplanned inventory can in influence equilibrium in the model where AE=(C+I+G+(x-M)) 4, Briefly describe the expenditure multiplier and state how it is computed. How is it different from the tax multiplier?

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