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 90 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
Excellent

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
The medical assistant reviews the PDR for information related to a drug. The medical assistant reviews the PDR for information related to a drug.
Basic classification of streptococci-based on hemolysis. Basic classification of streptococci-based on hemolysis.
North America and the Global Economy North America and the Global Economy
A Tough Economy ...for students A Tough Economy ...for students
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
Video: Cardiac Cycle (Part 3 of 4)

For a complete list of videos, visit our video library