Author Question: If the MPC is 0.80, and if the goal is to increase real GDP by 200 million, then by how much would ... (Read 12 times)

DyllonKazuo · **on:** Jun 30, 2018

If the MPC is 0.80, and if the goal is to increase real GDP by 200 million, then by how much would government spending have to change to generate this increase in real GDP?
a. 240 million.
b. 200 million.
c. 180 million.
d. 40 million.

Question 2

Whom does the Bureau of Labor Statistics include in the discouraged workers group?
a. All those between 16 and 65 who are neither disabled nor in an institution and are also neither employed nor seeking employment.
b. Civilian labor force members who have chosen early retirement because they dislike their work or think the pay is too low.
c. Members of the noninstitutional population who say they want to be employed but aren't searching for a job.
d. Members of the civilian labor force who are looking for a job but cannot find one.
e. Anyone in the population who is not working.