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

Author Question: Based on the information in Scenario 1, nominal GDP in 2016 in this economy was A) 830. B) 1,025. ... (Read 71 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Based on the information in Scenario 1, nominal GDP in 2016 in this economy was
 
  A) 830. B) 1,025. C) 1,090. D) 1,345.

Question 2

If the marginal propensity to save is 0.20, then the value of the tax multiplier is
 
  A) -5. B) -4. C) 5. D) 1.2.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jointhecircus

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


storky111

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Information flows from the nucleus to the cytoplasm and back. Information flows from the nucleus to the cytoplasm and back.
Discharge summary information Discharge summary information
Organizing Drug Information by Pharmacologic Classification Organizing Drug Information by Pharmacologic Classification
A Bluetooth adapter that plugs into the DLC and transmits global OBD II information to a smart phone ... A Bluetooth adapter that plugs into the DLC and transmits global OBD II information to a smart phone ...
The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ... The gas division of Power-U-Up plans to introduce a new gas delivery system based on the ...
The identification of clades based on morphological characters The identification of clades based on morphological characters
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library