Question: Work individually and solve the exercises below for the next class. 1) Fill in the missing values in the following table. Assume that the value

Work individually and solve the exercises below for the next class. 1) Fill in the missing values in the following table. Assume that the value of the MPC does not change as real GDP changes. a. What is the value of the MPC? b. What is the value of equilibrium real GDP? Planned Aggregate Unplanned Change in Expenditures Inventories (AE) National Planned GovernmentNet Income Consumption and Real Investment Purchases Exports GDP (1) (G) (NX) $9,000 $7.600 |$1,200 $1,200 $400 10,000 8,400 1,200 1,200 400 11.000 9.200 1.200 1,200 400 12.000 10,000 1,200 1,200 400 13,000 10.800 1,200 1.200 400
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