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

Author Question: If autonomous investment increases by 200 billion and the marginal propensity to consume (MPC) is ... (Read 42 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
If autonomous investment increases by 200 billion and the marginal propensity to consume (MPC) is 0.5, then
 
  A) real Gross Domestic Product (GDP) will rise by 100 billion.
  B) real Gross Domestic Product (GDP) will rise by 200 billion.
  C) real Gross Domestic Product (GDP) will rise by 400 billion.
  D) real Gross Domestic Product (GDP) will decrease by 100 billion.

Question 2

A period in which real GDP in the economy declines for at least six months is referred to as
 
  A) a recession. B) living standards.
  C) long term growth. D) a positive fluctuation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dreamfighter72

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


ec501234

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
:D TYSM

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Species richness increases with island size. Species richness increases with island size.
Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int Part of the Hubble Ultra-Deep Field image showing a typical section of space containing galaxies int
Functional MRI Scans These scans of human brains show localized average increases in neural activity Functional MRI Scans These scans of human brains show localized average increases in neural activity
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Video: Evolutionary tree of life Animation

For a complete list of videos, visit our video library