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Total Planned Expenditure (Equals Income)is 13,500,autonomous Consumption Expenditure Is 600,the

Question 20

Multiple Choice

Total planned expenditure (equals income) is 13,500,autonomous consumption expenditure is 600,the marginal propensity to consume is 0.8,government purchases are 2,700,taxes are 2,500 and planned investment spending is 2,900.Net exports is ________.


A) 3,840
B) negative 1,500
C) negative 1,380
D) negative 1,340
E) 2,100

Correct Answer:

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