Question: The table below gives the data necessary to make a Keynesian cross diagram. Assume that the tax rate is 0.2 of national income, the MPC
The table below gives the data necessary to make a Keynesian cross diagram. Assume that the tax rate is 0.2 of national income, the MPC out of after-tax income is 0.9 , investment is 210 , government spending is 240 , exports are 150 , and imports are 0.2 of after-tax income. Aggregate expenditure for each level of national income 1. Complete the table by showing your work for at least one row of National income. 2. What is the equilibrium level of national income for this economy, justify your
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