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Author Question: Which of the following increases U.S. aggregate demand? a. a lower price level, increasing ... (Read 37 times)

audie

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Which of the following increases U.S. aggregate demand?
 a. a lower price level, increasing citizen's real wealth
 b. a lower price level, reducing interest rates
 c. a lower price level, increasing exports and decreasing imports
  d. None of the above

Question 2

In a closed economy that does not have international trade, the spending multiplier equals _____.
 a. 1/MPS
  b. 1/MPC
  c. 1/(MPC-1)
  d. 1/(1-MPS)
  e. 1/(1+MPS)



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Christopher

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Answer to Question 1

d

Answer to Question 2

a




audie

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


steff9894

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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