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

Author Question: If the MPC = 0.8, and planned autonomous investment increases by 80 billion, then equilibrium real ... (Read 119 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
If the MPC = 0.8, and planned autonomous investment increases by 80 billion, then equilibrium real GDP will increase by
 
  A) 320 billion. B) 80 billion. C) 400 billion. D) 64 billion.

Question 2

Figure 4.3 illustrates the demand for tacos. Assume that tacos and burritos are substitutes. A decrease in the price of burritos would bring about a movement from
 
  A) point a to point c. B) point c to point b. C) D2 to D0. D) D1 to D2.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


oliviahorn72

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
Possible Earth 5 billion years from now Possible Earth 5 billion years from now
Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
dinosaurs were real dinosaurs were real
Consider a two-period economy with no investment opportunities: first and second period output ... Consider a two-period economy with no investment opportunities: first and second period output ...
Number line (real numbers) Number line (real numbers)
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library