If equlibrium level of aggregate income in an economy is, Ask an Expert

Economics

If equlibrium level of aggregate income in an economy is $250 billion while full-employment level of income is $450 billion, and if the value of MPC is 0.60, then additional investment needed to reach the full-employment level of income $_____________________. Show how you have found your answer.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91694806

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