= 300
Government Spending = 800
Imports= 200
Exports= 150
Marginal propensity to consume out of disposable income = 0.8
Lump sum taxes= 700
-What is the level of national income?
= 300
Government Spending = 800
Imports= 200
Exports= 150
Marginal propensity to consume out of disposable income = 0.8
Lump sum taxes= 700
-What is the level of national income?
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