Business, 13.11.2019 17:31, dondre54

In an economy without government purchases, government transfers, or taxes, aggregate autonomous consumer spending is $250 billion, planned investment spending is $100 billion, and the marginal propensity to consume is 0.6. what is the expression for planned aggregate spending?
a) aeplanned = $100 + 0.6 × yd
b) aeplanned = $250 + 0.4 × yd

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In an economy without government purchases, government transfers, or taxes, aggregate autonomous con...