Author Question: Let C = 300 + 0.9y and I = 125. The value of the multiplier is A) 0.9. B) 9. C) 10. D) ... (Read 64 times)

rmenurse

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Let C = 300 + 0.9y and I = 125. The value of the multiplier is
 
  A) 0.9. B) 9. C) 10. D) 27.

Question 2

Which of the following is true?
 
  A) The gap between the income per capita of U.S and the income per capita of poorer countries is small when exchange rate-based measures are used.
  B) The gap between the income per capita of U.S and the income per capita of poorer countries is large when PPP-based measures are used.
  C) Exchange rate-based measures of income per capita are identical to PPP-based measures.
  D) Exchange rate-based measures of income per capita differ from PPP-based measures of income per capita.



bookworm410

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Answer to Question 1

C

Answer to Question 2

D



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