If export increases by $300 billion, import increases by $200 billion, autonomous consumption by $150 billion and the mpc is 0.8, equilibrium aggregate output increases by . 1250 812.5 250 1750

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right