asked 154k views
5 votes
In Econland autonomous consumption equals 700, the marginal propensity to consume equals 0.80, net taxes are fixed at 50, planned investment is fixed at 100, government purchases are fixed at 100, and net exports are fixed at 40. Planned aggregate expenditure equals:

A) 0.2B) 0.8C) 0.9D) 0.99

1 Answer

4 votes
D is the right answer
answered
User Myriam
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.