Examlex

Solved

In Macroland, Autonomous Consumption Equals 100, the Marginal Propensity to Consume

question 33

Multiple Choice

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:


Definitions:

Predicted

Foretold or forecasted, implying that an event or outcome has been stated to occur in the future based on certain evidences or calculations.

Attractive

Attractiveness refers to the qualities or features of a person, object, or idea that evoke interest, desire, or pleasure in others.

Respect You

The act of showing consideration and appreciation for someone’s feelings, wishes, rights, or traditions.

Hormone

A chemical messenger produced by the endocrine glands that regulates bodily functions and processes.

Related Questions