The nation has its own MPC. When disposable income increases from ...

[sammy]

The nation has its own MPC. When disposable income increases from 300 billion to 400 billion, national consumption increases from 300 billion to 360 billion. At Y = 400 billion, the MPC is:
 a. 0.2.
  b. 0.5.
  c. 0.6.
  d. 0.67.
  e. 1.33.

Question 2

The sum of past federal budget deficits increases the:
 a. GDP debt.
  b. trade debt plus debt.
  c. national debt.
  d. Congressional debt.

[bobsmith]

Answer to Question 1

c

Answer to Question 2

c

[sammy]

TYSM

[nanny]

Gracias!