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

Author Question: The economy of Kiwiland can be characterized by Equation 24.6. EQUATION 24.6: C= 1,000 + 0.5 Yd T= ... (Read 37 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571

Question 1

If the government spending multiplier is 6 and government spending increases by $30 billion, output will ________ by $________ billion.


◦ increase; 180
◦ decrease; 180
◦ increase; 5
◦ decrease; 5

Question 2

The economy of Kiwiland can be characterized by Equation 24.6.



EQUATION 24.6:




C = 1,000 + 0.5
Yd


T = 200


G = 400


I = 500





Refer to Equation 24.6. The equilibrium level of income in Kiwiland is


◦ 900.
◦ 1,800.
◦ 2,700.
◦ 3,600.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on Apr 19, 2019

bhavsar

  • Sr. Member
  • ****
  • Posts: 351
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.
Answer Preview
Only 29% of students answer this correctly





 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library