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Author Question: The multiplier is 5 and, as a result of a change in expenditure, equilibrium expenditure and real ... (Read 159 times)

debasdf

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The multiplier is 5 and, as a result of a change in expenditure, equilibrium expenditure and real GDP change by 200 billion. What was the initial change in autonomous expenditure?
 
  A) 20 billion
  B) 50 billion
  C) 1,000 billion
  D) 40 billion
  E) 200 billion

Question 2

It is estimated that if the inflation rate is lowered from 3 percent a year to 0 percent a year, the growth rate of real GDP will rise by ________ percentage points a year.
 
  A) 2.3 B) 3.2 C) 1 to 3 D) 0.06 to 0.09 E) 0



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fromAlphatoOmega22

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Answer to Question 1

D

Answer to Question 2

D




debasdf

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Reply 2 on: Jun 29, 2018
:D TYSM


bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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