How much does aggregate expenditure increase

Reference no: EM13689568

If income increases by $10,000, government purchases are fixed at $1,000, investment spending is fixed at $2,000, net exports are fixed at $500, and the marginal propensity to consume is 0.70, by how much does aggregate expenditure increase?

Reference no: EM13689568

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Suppose a firms production function : Normal 0 false false false EN-US X-NONE X-NONE Suppose a firm's production..

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