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The spreadsheet lists components of aggregate planned expenditure in the United Kingdom. The numbers are in billions of pounds.
A B C D E F G1 Y C I G X M2 A 100 110 50 60 60 153 B 200 170 50 60 60 304 C 300 230 50 60 60 455 D 400 290 50 60 60 606 E 500 350 50 60 60 757 F 600 410 50 60 60 90
a. Calculate autonomous expenditure.b. Calculate the marginal propensity to consumec. What is aggregate planned expenditure when real GDP is 200 billion pounds?d. If real GDP is 200 billion pounds, what is happening to inventories?e. If real GDP is 500 billion pounds, what is happening to inventories?f. Calculate the multiplier.
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