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Author Question: Refer to Figure 29-1. Europe suffers a recession. Assuming all else remains constant, this would be ... (Read 139 times)

Capo

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on: Jun 29, 2018
Refer to Figure 29-1. Europe suffers a recession. Assuming all else remains constant, this would be represented as a movement from
 
  A) B to C. B) D to A. C) C to D. D) A to B. E) A to D.

Question 2

If the multiplier is 10, the marginal propensity to consume must be 0.1.
 
  Indicate whether the statement is true or false


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srodz

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


Capo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

fatboyy09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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