Question: What is the answer? The chart below gives the data necessary to make a Keynesian cross diagram. Assume that the tax rate is 0.35 of
What is the answer?
The chart below gives the data necessary to make a Keynesian cross diagram. Assume that the tax rate is 0.35 of national income, the MPC out of after-tax income is 0.8, investment is 110, government spending is 80, exports are 63, and imports are 0.2 of after-tax income. Minus Aggregate Imports Expenditures What does consumption equal when income equals 5007 YourStep by Step Solution
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