Question #139628
Autonomous Consumption = 465 Marginal propensity to consume = 0.6 Autonomous Investment =295 Government expenditure = 450 Exports = 225
Imports = 130 + 0.1Y
T = 0.2Y
Yf = 2 237.9
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Q.1.1. Calculate the level of autonomous spending in this economy
1
Expert's answer
2020-10-27T10:03:10-0400

 Autonomous spending= Autonomous Consumption + Autonomous Investment


  Autonomous spending= 465 + 295


  Autonomous spending= 760



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