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Author Question: Refer to the information provided in Table 24.5 below to answer the question(s) that follow. Refer ... (Read 175 times)

DyllonKazuo

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Question 1

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. Assuming constant 
MPC, at income of $1,000 million, consumption is $________ million, and at income of $1,300 million, consumption is $________ million.


◦ 600; 860
◦ 640; 900
◦ 680; 920
◦ 720; 960

Question 2

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. Assuming constant 
MPC, at income of $1,200 million, saving is $________ million, at income of $1,600 million, saving is $________ million.


◦ 150; 230
◦ 160; 240
◦ 170; 250
◦ 180; 260


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Marked as best answer by DyllonKazuo on Apr 19, 2019

HandsomeMarc

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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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kellyjaisingh

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Question 1

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. The 
MPC in this economy is ________ and the 
MPS is ________.


◦ 0.5; 0.5
◦ 0.7; 0.5
◦ 0.9; 0.1
◦ 0.8; 0.2

Question 2

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. The equilibrium level of aggregate output is $________ million.


◦ 1,200
◦ 1,300
◦ 1,400
◦ 1,500



mistyjohnson

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Zoey63294

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Question 1

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. Which of the following variables is 
not considered autonomous?


◦ saving
◦ planned investment
◦ planned government spending
◦ None of these

Question 2

Refer to the information provided in Table 24.5 below to answer the question(s) that follow.












Refer to Table 24.5. Suppose the economy is in equilibrium and the government increases spending by $50 million, the new equilibrium output is $________ million


◦ 1,350
◦ 1,450
◦ 1,650
◦ 1,750



Silverbeard98

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