If an increase in autonomous consumption spending of 10 million ...

[notis]

If an increase in autonomous consumption spending of 10 million results in a 50 million increase in equilibrium real GDP, then
 
  A) the MPC is 0.5. B) the MPC is 0.75. C) the MPC is 0.8. D) the MPC is 0.9.

Question 2

In recent decades the United States has incurred overall balance of payments deficits.
 
  Indicate whether the statement is true or false

[bookworm410]

Answer to Question 1

C

Answer to Question 2

FALSE

[notis]

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[bookworm410]

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