Author Question: Goods and services bought by the government account for about ________ percent of total production. ... (Read 36 times)

karlynnae · **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.