Try another version of these questions Consider the following infomation for the US. 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 Suppose that there is an increase in Government Expenditure by $50.
What is the new 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 What is difference between the original and new level of GDP as a result of an increase in Government Expenditure? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Autonomous Consumption 440 MPC 0.5 Tax Rate 0.4 Investment 600 Government Expenditure 100 Exports 30 MPI 0.35
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity
Enter DNE for Does Not Exist, oo for Infinity