Question

Suppose a closed economy with no government spending or taxing is capable of producing an output...

Suppose a closed economy with no government spending or taxing is capable of producing an output of $2050 at full employment. Suppose also that autonomous consumption is $170, intended investment is $70, and the mpc is 0.75. How much additional autonomous spending (for instance, from the government) is needed to move the economy to full employment?

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