The level of government purchases is $ the nearest whole number) What is the autonomous portion...

 

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The level of government purchases is $ the nearest whole number) What is the autonomous portion of consumption? The autonomous portion of consumption is $ to the nearest whole number) d. What is total autonomous expendituro? Total autonomous expenditure is $ nearest whole number) The marginal propensity to spend is decimal places) billion (Round your response to billion (Round your response billion (Round your response to the (Round your response to two o. Starting from equilibrium national income of $1,277 billion, suppose government purchases decreased by $25 billion. Describe the effect on the AE curve and on equilibrium national income The AE curve shifts and equilibrium national income changes by $ billion (Round your response to the nearest whole number. Use the rounded value of the marginal propensity to spend obtained above For example, if the marginal propensity to spend is found to be 0.375 but rounded to 0.38, you should use the value of 0.38, not 0.375) Desired Aggregate Expenditures ($billons) Aggregate Expenditure and Equilibrium 45% 1,000 1,400 1,300- 1200- 1,100 1,000 900- 000- 700 000- 500- 400- 300- 200 100 10 AN AE 1+ 200 400 000 000 1,000 1,200 1,400 National Income (5 billions) E The level of government purchases is $ the nearest whole number) What is the autonomous portion of consumption? The autonomous portion of consumption is $ to the nearest whole number) d. What is total autonomous expendituro? Total autonomous expenditure is $ nearest whole number) The marginal propensity to spend is decimal places) billion (Round your response to billion (Round your response billion (Round your response to the (Round your response to two o. Starting from equilibrium national income of $1,277 billion, suppose government purchases decreased by $25 billion. Describe the effect on the AE curve and on equilibrium national income The AE curve shifts and equilibrium national income changes by $ billion (Round your response to the nearest whole number. Use the rounded value of the marginal propensity to spend obtained above For example, if the marginal propensity to spend is found to be 0.375 but rounded to 0.38, you should use the value of 0.38, not 0.375) Desired Aggregate Expenditures ($billons) Aggregate Expenditure and Equilibrium 45% 1,000 1,400 1,300- 1200- 1,100 1,000 900- 000- 700 000- 500- 400- 300- 200 100 10 AN AE 1+ 200 400 000 000 1,000 1,200 1,400 National Income (5 billions) E

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