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In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Autonomous expenditure equals:
Life Expectancies
The average period that an individual is expected to live, based on statistical averages of age, gender, and other demographic factors.
Birth Rates
The number of live births per thousand people in a population within a given year.
World's Population
The total number of people living on Earth at a given time, continuously changing due to birth rates, death rates, and migration patterns.
Cervical Cap
A small, cup-shaped contraceptive device made of silicone or latex that fits over the cervix to prevent pregnancy by blocking sperm from entering the uterus.
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