1.The marginal propensity to consume in this economy is 2.The equilibrium level of output in this economy is

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 1.1P
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1.The marginal propensity to consume in this economy is

2.The equilibrium level of output in this economy is

Fill in the table below to answer the next five questions. Assume that IP, G and NX are fixed.
Real GDP (Y)
5000
6000
7000
8000
9000
10000
a 0.90
b
C
d
Consumption (C)
The marginal propensity to consume in this economy is
0.50
Question 36
Homework Unanswered Due Today, 11:00 AM
0.75
0.80
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
mwww.mmes
6520
7320
8120
KRONAUT
the sulle muce
Tonton
Question 37
C
Planned Investment
momme Fille
(Up)
hallg
Unanswered 1 attempt left
1000
Government
Expenditures (G)
230
Net Exports (NX)
450
Aggregate Expenditures
(AE)
Change in
Inventories
Submit
Transcribed Image Text:Fill in the table below to answer the next five questions. Assume that IP, G and NX are fixed. Real GDP (Y) 5000 6000 7000 8000 9000 10000 a 0.90 b C d Consumption (C) The marginal propensity to consume in this economy is 0.50 Question 36 Homework Unanswered Due Today, 11:00 AM 0.75 0.80 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. mwww.mmes 6520 7320 8120 KRONAUT the sulle muce Tonton Question 37 C Planned Investment momme Fille (Up) hallg Unanswered 1 attempt left 1000 Government Expenditures (G) 230 Net Exports (NX) 450 Aggregate Expenditures (AE) Change in Inventories Submit
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