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Author Question: Goods and services bought by the government account for about ________ percent of total production. ... (Read 90 times)

karlynnae

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on: Jun 30, 2018
Goods and services bought by the government account for about ________ percent of total production.
 
  A) 8 B) 2 C) 67 D) 17 E) 35

Question 2

Suppose the marginal propensity to consume (MPC) is 0.8 and there is a 2,000 increase in autonomous consumption. Given this information, real GDP will increase by
 
  A) 10,000. B) 2,500. C) 1,600. D) 2,000.


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tofugiraffe

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


karlynnae

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cici

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Reply 3 on: Yesterday
Excellent

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