In Arkania income rose by $400 million over the past year. During the same period tax revenue increased by $50 million, savings by $30 million, and imports rose by $20 million. What are the values of Arkania's MPE, MLR, and multiplier? Round your answers to 2 decimal places. MLR: MPE: 0 0.8 5 Multiplier:

In Arkania income rose by $400 million over the past year. During the same period tax revenue increased by $50 million, savings by $30 million, and imports rose by $20 million. What are the values of Arkania's MPE, MLR, and multiplier? Round your answers to 2 decimal places. MLR: MPE: 0 0.8 5 Multiplier:

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?

Section9.A: The Simple Algebra Of Income Determination And The Multiplier

Problem 4TY

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