This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a country's GDP increases and all other variables remains constant, ________. A) its income ... (Read 41 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
on: Jun 30, 2018
If a country's GDP increases and all other variables remains constant, ________.
 
  A) its income per worker will increase B) its income per capita will fall
  C) its GNP will fall D) its trade surplus will increase

Question 2

Suppose that the marginal propensity to consume (MPC) is .75 and there is an increase in investment spending of 100,000. As a result, equilibrium real Gross Domestic Product (GDP) would increase by
 
  A) 400,000. B) 75,000. C) 100,000. D) 750,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 30, 2018
Wow, this really help

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Obtained from the deadly nightshade plant Atropa belladona, atropine remains a traditional drug ... Obtained from the deadly nightshade plant Atropa belladona, atropine remains a traditional drug ...
The signal voltage from a throttle position increases as the throttle is opened because the wiper ... The signal voltage from a throttle position increases as the throttle is opened because the wiper ...
Intergenerational Income Mobility in the United States Intergenerational Income Mobility in the United States
Video: Phases of the Female Reproductive Cycle - Hormonal regulation

For a complete list of videos, visit our video library