Refer to Table 8-18. What is the GDP deflator in 2011 if 2016 is the base year? A) 187 B) 87 C) ...

Author Question: Refer to Table 8-18. What is the GDP deflator in 2011 if 2016 is the base year? A) 187 B) 87 C) ... (Read 75 times)

formula1

Hero Member
Posts: 666

on: Jun 29, 2018

Refer to Table 8-18. What is the GDP deflator in 2011 if 2016 is the base year?

A) 187 B) 87 C) 8.7 D) 0.87

Question 2

What is the government purchases multiplier if the tax rate is 0.2 and the marginal propensity to consume is 0.8? Assume the economy is closed.

A) 2.78 B) 5 C) 6.25 D) 100

janeli1

Sr. Member
Posts: 330

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

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