Use a Keynesian model (without a government and foreign sector) to calculate the answer for the question: Full employment output = R80 million Investment= R20 million Autonomous consumption = R15 million The marginal propensity to consume = 0,6 If the marginal propensity to save increases by 0,10, what will the equilibrium level of income be?

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Use a Keynesian model (without a government and foreign sector) to calculate the answer for the question:

If the marginal propensity to save increases by 0,10, what will the equilibrium level of income be?

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