Business, 14.02.2020 21:13 jaylanmahone223
Congratulations again. You've just been appointed economic adviser to the president of Examland. The mpe is 0.8; autonomous investment is $1,100; autonomous government spending is $8,100; autonomous consumption is $9,000; and autonomous net exports are $900. Instructions: Enter your response rounded to the nearest whole number. a. What is the equilibrium level of income in the country? Level of income: S b. Autonomous net exports increase by $1,500. What will happen to income? Incomerises by S C. You've just leamed the mpe changed from 0.8 to 0.6. How will this information change your answers in a and b? Instructions: Enter your response rounded to the nearest whole number. Level of income: S Income drops
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Congratulations again. You've just been appointed economic adviser to the president of Examland. The...
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