Autonomous aggregate expenditures decreases by 300 million
Autonomous aggregate expenditures decreases by $300 million, the marginal propensity to consume is 0.60, marginal propensity to invest is 0.25, and the marginal propensity to import is 0.15. Calculate the change in income. Show your work.
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autonomous aggregate expenditures decreases by 300 million the marginal propensity to consume is 060 marginal
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