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Author Question: The equation {1/[1 - ( MPC- MPM)]} represents the (Read 47 times)

natalie2426

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  • Posts: 524
on: Apr 19, 2019

Question 1

If an economy's 
MPC is 0.95 and the 
MPM is 0.05, then an increase in government spending of $1,000 will increase income by


◦ $900.
◦ $4,500.
◦ $10,000.
◦ $20,000.

Question 2

The equation {1/[1 - (
MPC - 
MPM)]} represents the


◦ open economy multiplier.
◦ closed economy multiplier.
◦ government spending multiplier.
◦ money multiplier.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by natalie2426 on Apr 19, 2019

aidanmbrowne

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Reply #1 on: Apr 19, 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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natalie2426

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  • Posts: 524
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

sailorcrescent

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Reply 3 on: Yesterday
Excellent

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