7 2 (CH 5,6,10,11)The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes areautonomous. You may assume that the MPC, MPS, and MPM are constant.a. Fill in the blanks in table below.Y$700750800850T$100100100100YD600650700750C$560605650695S$40455055I$90< Prev909090b. The value of equilibrium income is $c. If planned investment decreases by $20, the new value of equilibrium income is $7 of 18G$80#HA808080Next >XN$10-5AEUnplannedInvestment

Aggregate expenditure (AE) is the sum of consumption (C), investment (I), government spending (G),…

Answered: The partial data in the table below are…

The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes are autonomous. You may assume that the MPC, MPS, and MPM are constant.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter12: Federal Budgets And Public Policy

Section: Chapter Questions

Problem 3.6P

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Question

2 (CH 5,6,10,11)
The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes are
autonomous. You may assume that the MPC, MPS, and MPM are constant.
a. Fill in the blanks in table below.
Y
$700
750
800
850
T
$100
100
100
100
YD
600
650
700
750
C
$560
605
650
695
S
$40
45
50
55
I
$90
< Prev
90
90
90
b. The value of equilibrium income is $
c. If planned investment decreases by $20, the new value of equilibrium income is $
7 of 18
G
$80
#
HA
80
80
80
Next >
XN
$10
-5
AE
Unplanned
Investment

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