Suppose aggregate output is demand-determined. Suppose a decrease in autonomous investment expenditure of $23 million reduces...
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Suppose aggregate output is demand-determined. Suppose a decrease in autonomous investment expenditure of $23 million reduces equilibrium national income by $53 million. The marginal propensity to spend is equal to OA. -2.30 OB. -0.43. OC. 2.30 OD. 0.43. OE. 0.57 Suppose aggregate output is demand-determined. Suppose a decrease in autonomous investment expenditure of $23 million reduces equilibrium national income by $53 million. The marginal propensity to spend is equal to OA. -2.30 OB. -0.43. OC. 2.30 OD. 0.43. OE. 0.57
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