Try another version of these questions Consider the following infomation 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 Suppose that there is an increase in Autonomous Consumption 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 Autonomous Consumption? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Autonomous Consumption 310 MPC 0.7 Tax Rate 0.25 Investment 900 Government Expenditure 300 Exports 50 MPI 0.2
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