« previous next »

Author Question: If autonomous expenditures increased by 10 billion, what is the change in aggregate demand at a ... (Read 64 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
If autonomous expenditures increased by 10 billion, what is the change in aggregate demand at a given price level if the MPC to consume is 0.8?
 a. increase by 50 billion
 b. increase by 100 billion
  c. decrease by 100 billion
  d. decrease by 10 billion

Question 2

A scalper reselling Super Bowl tickets is an example of money being used as:
 a. a store of value.
  b. a unit of account.
  c. an illegal asset.
  d. a standard of deferred payment.
  e. a medium of exchange.


yasmina

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

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?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

As a result of this change, deoxyhemoglobin S As a result of this change, deoxyhemoglobin S
Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years Atmospheric CO2 Concentrations Increased Very Rapidly during the Last 200 Years
Defining Climate Change Defining Climate Change
Natural Causes of Climate Change Natural Causes of Climate Change
The Impact of Climate Change in the world The Impact of Climate Change in the world
Hormonal change during ovulation and urinear cycles Hormonal change during ovulation and urinear cycles
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library