Business, 19.11.2019 08:31 iv267829

In an economy with no exports and imports, autonomous consumption is $44 trillion, the marginal propensity to consume is 0.70.7, investment is $22 trillion, and government expenditure on goods and services is $33 trillion. taxes are $22 trillion and do not vary with real gdp. if real gdp is $31.631.6 trillion, calculate disposable income, consumption expenditure, and aggregate planned expenditure. what is equilibrium expenditure?

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