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13 October, 01:46

Equations for c, i, g, and nx are given below. if the equilibrium level of gdp is $21,500, what is the marginal propensity to consume? c = 1,500 + (mpc) y i = 1,000 g = 2,000 nx = - 200

a. 0.67

b. 0.75

c. 0.8

d. 0.9

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Answers (1)
  1. 13 October, 03:54
    0
    The answer would be D. 0.9
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