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Author Question: Let C = 70 + 0.75y and I = 40. Assume no government or foreign sectors. Investment needs to increase ... (Read 53 times)

ENagel

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on: Jun 30, 2018
Let C = 70 + 0.75y and I = 40. Assume no government or foreign sectors. Investment needs to increase by ________ to increase equilibrium output by a total of 600.
 
  A) 30 B) 150 C) 560 D) 600

Question 2

One of the main reasons behind hyperinflation episodes is:
 
  A) a decrease in real GDP. B) large government budget deficits.
  C) high tax rates. D) a decrease in the demand for consumer goods.


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chevyboi1976

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

B

Answer to Question 2

B


ENagel

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

aliotak

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Reply 3 on: Yesterday
Wow, this really help

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