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

Author Question: An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real ... (Read 18 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
Gracias!

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o Hip Typically occurs as a result of a fall; with osteoporosis, hip fractures can occur as a result o
OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ... OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ...
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
As a result of a hole in the graph, which of the following functions does not have an average ... As a result of a hole in the graph, which of the following functions does not have an average ...
Number line (real numbers) Number line (real numbers)
Video: Pericarditis

For a complete list of videos, visit our video library