Question: Q3. Assume that the aggregate consumption function takes the form: C= 150 +0.7 Y Assume further that the investment level is 30 and is independent

Q3. Assume that the aggregate consumption function takes the form: C= 150 +0.7 Y Assume further that the investment level is 30 and is independent of output level, Use this information to fill out the following table and answer the questions below: Saving Investment Aggregate Consumption Income Aggregate Expenditure 0 200 400 600 800 1000

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