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Author Question: A general formula for the multiplier is (Read 119 times)

Pineappleeh

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on: Mar 16, 2019

Question 1

Figure 12-4










Refer to Figure 12-4.  Potential GDP equals $500 billion. The economy is currently producing GDP
1 which is equal to $450 billion. If the MPC is 0.8, then how much must autonomous spending change for the economy to move to potential GDP?


◦ -$40 billion
◦ -$10 billion
◦ $10 billion
◦ $40 billion

Question 2

A general formula for the multiplier is


◦ .
◦ .
◦ .
◦ .
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by Pineappleeh on Mar 16, 2019

Jadwiga9

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineappleeh

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Reply #2 on: Mar 16, 2019
Excellent


Jadwiga9

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Reply #3 on: Mar 16, 2019
Great! Please up vote :D


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