Suppose that gdp is currently25000 and the marginal


Suppose that GDP is currently$25,000 and the marginal propensity to consume is .50. Ifautonomous investment increases by $5,000, what will GDP be in the new equilibrium? Assume the over simplified multiplier isaccurate.

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Econometrics: Suppose that gdp is currently25000 and the marginal
Reference No:- TGS0582464

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