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Author Question: If the MPMis 0.1, then a $3,500 increase in income will (Read 42 times)

a0266361136

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Question 1

If planned aggregate expenditures are $240 billion, consumption is $140 billion, investment is $70 billion, government spending is $50 billion, there is a


◦ trade deficit of $10 billion.
◦ trade surplus of $20 billion.
◦ trade deficit of $20 billion.
◦ trade balance.

Question 2

If the 
MPM is 0.1, then a $3,500 increase in income will


◦ increase imports by $35,000.
◦ increase imports by $350.
◦ increase exports by $35,000.
◦ increase exports by $350.


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Marked as best answer by a0266361136 on Apr 19, 2019

millet

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a0266361136

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Excellent



millet

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Great! Please up vote :D



 

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