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Abdullah has an income of SR 10,000. His autonomous consumption expenditure is SR 1,000, while his marginal propensity t

Posted: Thu May 26, 2022 7:24 am
by answerhappygod
Abdullah has an income of SR 10,000. His autonomous consumption
expenditure is SR 1,000, while his marginal propensity to save is
0.4. If there is an income tax of 10%, find the amount of savings
that he will be doing! A. SR 4,000 B. SR 3,000 C. SR 2,600 D. SR
1,800 What happens when the aggregate planned expenditure is
actually greater than real GDP?