Try another version of this question Consider the following information for Japan. What is the equilibrium level of GDP in the income-expenditure model? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Question 1
Autonomous Consumption 340 MPC 0.7 Tax Rate 0.4 Investment 1000 Government Expenditure 100 Exports 30 MPI 0.2 1884.6153846154
Enter DNE for Does Not Exist, oo for Infinity