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Anna35 [415]
3 years ago
15

In an economy without government purchases, government transfers, or taxes, aggregate autonomous consumer spending is $750 billi

on, planned investment spending is $300 billion, and the marginal propensity to consume is 0.75. What is the expression for planned aggregate spending?
Business
1 answer:
Shalnov [3]3 years ago
5 0

Answer:

$1,050 billion + [(0.75) x YD]

Explanation:

To determine the expression for planned aggregate spending we must first add consumer spending and planned investment spending = $750 billion + $300 billion = $1,050 billion. Then for the rest of the equation we must multiply the marginal propensity to consume (0.75) times disposable income.

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Answer:

Y represents the economy’s total expenditure

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Y - economy’s total expenditure

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The variables can either be positive or negative .

I hope my answer helps you

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Recessions in China and India would cause:________
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Answer:

b. the U.S. price level to rise and real GDP to fall.

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