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1. Complete the missing date of the above table 2. What is the value of marginal propensity to consume (MPC)? Write down the consumption function. 3....
1. Complete the missing date of the above table
2. What is the value of marginal propensity to consume (MPC)? Write down the consumption function.
3. What is the net export (Xn) function? Can you explain the negative slope of this function?
4. What is the value of marginal propensity to expend (MPE)? Write down the aggregate expenditure (AE) function.
5. What is the value of multiplier in this economy? What factors will determine the increase in multiplier of this economy.
6. Calculate the value of expenditure equilibrium.
7. Suppose government expenditure increases by the amount of 20 billion taka. What will be the new value of expenditure equilibrium?
