At an initial point on the aggregate demand curve the price


At an initial point on the aggregate demand curve the price level is 125, and real gdp is 10 trillion. when the price level falls to a value of 120, total autonomous expenditures increased by 250 billion. the marginal propensity to consume is 0.75. the level of real GDP at the new point on the aggregate demand curve is ?trillion

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Business Economics: At an initial point on the aggregate demand curve the price
Reference No:- TGS01186399

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