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Assume the following scenario: (1) the economy is at Y = $900 billion - which is not the equilibrium level of national income; (2) autonomous consumption = $60 billion and MPC = 0.8; and (3) the producers in the economy have decided that of the $900 billion of goods they produced - $100 billion is intended for investment. Consumers save

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Assume the following scenario: (1) the economy is at Y = $900 billion - which is not the equilibrium level of national income; (2) autonomous consumption = $60 billion and MPC = 0.8; and (3) the producers in the economy have decided that of the $900 billion of goods they produced - $100 billion is intended for investment. Consumers save






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