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

question 34

Multiple Choice

In Macroland,autonomous consumption equals 100,the marginal propensity to consume equals 0.75,net taxes are equal to 40,planned investment is equal to 50,government purchases are equal to 150,and net exports are equal to 20.Autonomous planned aggregate expenditure equals

• A) 100.
• B) 290.
• C) 320.
• D) 350.
• E) 360.

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Definitions:

Industrialized Country

A nation with a relatively high level of industrial activity, characterized by significant manufacturing output and modern infrastructure.

Female Population

The segment of a population that identifies as female, potentially considered in demographic studies, social policies, and economic analyses.

Employed Males

Employed males refer to the segment of the male population that is engaged in paid work or self-employment, contributing to the economy’s labor force.

Labor Productivity

Labor Productivity measures the efficiency and effectiveness of workers in producing goods or services within a given time frame.