In Econland,autonomous consumption equals 200,the marginal propensity to consume equals 0.9,net taxes are equal to 100,planned private-sector investment is equal to 200,government purchases are equal to 300,and net exports are equal to 50.Autonomous planned aggregate expenditure equals
A) 660.
B) 750.
C) 0.9Y.
D) 0.1Y.
E) 850.
Correct Answer:
Verified
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