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Author Question: Refer to Table 11.1. If the marginal propensity to import increases to 0.5 (mpi = 0.5), what is the ... (Read 67 times)

karen

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on: Jun 30, 2018
Refer to Table 11.1. If the marginal propensity to import increases to 0.5 (mpi = 0.5), what is the new equilibrium level of output?
 
  A) 568.00 B) 760.00 C) 946.67 D) 1,266.67

Question 2

The Federal Reserve System was created by the
 
  A) Supreme Court. B) President. C) U.S. Treasury. D) Congress.


randomguy133

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


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