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Author Question: Refer to Figure 23-3. Suppose that investment spending decreases by 5 million, decreasing aggregate ... (Read 173 times)

michelleunicorn

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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
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ansleighelindsey

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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.
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michelleunicorn

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Reply #2 on: Jun 29, 2018
Thank you :)


ansleighelindsey

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Reply #3 on: Jun 29, 2018
Happy to help you


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