Using the Keynesian Cross, If Autonomous Consumption Is $500, Government

question 11

Short Answer

Using the Keynesian cross, if autonomous consumption is $500, government spending and taxes are $200, investment is $100, net exports are zero, and the marginal propensity to consume is 0.9, find equilibrium output.

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Brown v. Board

A landmark Supreme Court case in 1954 that declared state laws establishing separate public schools for black and white students to be unconstitutional.

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A provision in the Fourteenth Amendment to the United States Constitution stating that no state shall deny to any person within its jurisdiction "the equal protection of the laws."

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