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

Author Question: An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real ... (Read 10 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real GDP by:
 a. 1,000.
  b. 9,000.
  c. 900.
  d. 190.
  e. inadequate information is given.

Question 2

According to the quantity theory of money, which one of the following economic variables would change in response to an increase in the money supply?
 a. prices
  b. real income
  c. velocity
  d. employment



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

a

Answer to Question 2

a




haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
Wow, this really help


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library