This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Figure 23-3. Suppose that investment spending decreases by 5 million, decreasing aggregate ... (Read 327 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
Refer to Figure 23-3. Suppose that investment spending decreases by 5 million, decreasing aggregate expenditure and decreasing real GDP from GDP2 to GDP1. If the MPC is 0.8, then what is the change in GDP?
 
  A) -4 million B) -5 million C) -25 million D) -40 million

Question 2

Suppose that at the beginning of a loan contract, the real interest rate is 4 and expected inflation is currently 6. If actual inflation turns out to be 7 over the loan contract period, then
 
  A) lenders gain 1 of the loan value. B) borrowers lose 3 of the loan value.
  C) lenders gain 3 of the loan value. D) borrowers gain 1 of the loan value.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 29, 2018
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 49% of students answer this correctly


michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 29, 2018
Thank you :)


ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
Contact theory indicates that prejudice decreases and relations improve when individuals of ... Contact theory indicates that prejudice decreases and relations improve when individuals of ...
Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ... Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ...
Pangaea 200 Million Years Ago Pangaea 200 Million Years Ago
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ... What is the current in Figure 16-1(b) if the diode is made of silicon and the polarity of the ...
Video: Aneurysm

For a complete list of videos, visit our video library