This topic contains a solution. Click here to go to the answer

Author Question: The economy of Kiwiland can be characterized by Equation 24.6. EQUATION 24.6: C= 1,000 + 0.5 Yd T= ... (Read 22 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571

Question 1

If the government spending multiplier is 6 and government spending increases by $30 billion, output will ________ by $________ billion.


◦ increase; 180
◦ decrease; 180
◦ increase; 5
◦ decrease; 5

Question 2

The economy of Kiwiland can be characterized by Equation 24.6.



EQUATION 24.6:




C = 1,000 + 0.5
Yd


T = 200


G = 400


I = 500





Refer to Equation 24.6. The equilibrium level of income in Kiwiland is


◦ 900.
◦ 1,800.
◦ 2,700.
◦ 3,600.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on Apr 19, 2019

bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly





 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

For a complete list of videos, visit our video library