Need help answering this question please! It is my final exam on macroeconomics.
Question 1 ( 1 point )The chart below gives the data necessary to make a Keynesian cross diagram .Assume that the tax rate is 0. 35 of national income , the MPC out of after – tax incomeis 0. 8 , investment is 1 10 , government spending is 80 , exports are 63 , and imports are0. 2 of after – tax income .National\After – tax\Consumption 1 + G + X|MinusAggregateIncomeincome*ImportsExpenditures100104200130040015001600What does consumption equal when income equals 300 ?’Your Answer :
