Try another version of this question Consider the following information for Mexico. What is the equilibrium level of GDP in the income-expenditure model? Hint Suppose that there is a decrease in Investment by $40.
What is the new equilibrium level of GDP in the income-expenditure model? Hint What is the difference between the original and new GDP as a result of a decrease in Investment? Hint Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 2: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Box 3: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Autonomous Consumption 390 MPC 0.9 Tax Rate 0.25 Investment 1000 Government Expenditure 100 Exports 50 MPI 0.25
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