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Computing the simple multiplier, GDP, Disposable income and Consumption.

If the MPC = 0.94, C0 = 45, I = 150, G = 125, T = 75, X = 50, & IM = 60:

a) prepare out the consumption function.

b) find out the simple multiplier.

c) find out GDP.

d) find out DI.

e) find out C.

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M921685

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