« previous next »

Author Question: If autonomous expenditures increased by 10 billion, what is the change in aggregate demand at a ... (Read 34 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
If autonomous expenditures increased by 10 billion, what is the change in aggregate demand at a given price level if the MPC to consume is 0.8?
 a. increase by 50 billion
 b. increase by 100 billion
  c. decrease by 100 billion
  d. decrease by 10 billion

Question 2

A scalper reselling Super Bowl tickets is an example of money being used as:
 a. a store of value.
  b. a unit of account.
  c. an illegal asset.
  d. a standard of deferred payment.
  e. a medium of exchange.


yasmina

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru Major features of Homo erectus include increased brain size, an angular vault, and cranial superstru
Change in Emotional States During Adolescence Average emotional state becomes teadilyi more negativ Change in Emotional States During Adolescence Average emotional state becomes teadilyi more negativ
A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ... A steady needle reading that drops 2 or 3 inches Hg when the engine speed is increased slightly ...
Radiative forcing expresses change in energy input over time Radiative forcing expresses change in energy input over time
Climate change exerts societal impacts and vice versa Climate change exerts societal impacts and vice versa
Climate change occurs over millions of years Climate change occurs over millions of years
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library