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

Author Question: If an economy's MPCis 0.95 and the MPMis 0.15, then an increase in government spending of $1,000 ... (Read 68 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Apr 19, 2019

Question 1

The open economy multiplier will decrease if


◦ the 
MPC decreases.
◦ the 
MPM decreases.
◦ either the 
MPM or the 
MPC decreases.
◦ the 
MPM increases.

Question 2

If an economy's 
MPC is 0.95 and the 
MPM is 0.15, then an increase in government spending of $1,000 will increase income by


◦ $1,000.
◦ $4,500.
◦ $5,000.
◦ $8,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Apr 19, 2019
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 56% of students answer this correctly


rl

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Apr 19, 2019
Excellent


Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Links to the World Economy Links to the World Economy
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Epidural Hematoma

For a complete list of videos, visit our video library