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Author Question: Pierre is French Canadian, and like many Canadians he is experiencing booming good economic times. ... (Read 170 times)

krzymel

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Pierre is French Canadian, and like many Canadians he is experiencing booming good economic times. His good fortune is likely to impact U.S. aggregate demand in what way?
 a. Positively, because he prefers to make all his purchases in Canada from Canadian firms.
  b. Negatively, because he prefers to make all his purchases in Canada from Canadian firms.
  c. Negatively, since we are all members of North American Free Trade Zone.
 d. Positively, since he will be in a better position to purchase U.S.-made goods.

Question 2

What is the value of the spending multiplier when MPC = 0.85 and MPI = 0.3?
 a. 1.82
  b. 0.85
  c. 2.22
  d. 1.18
  e. 2.50



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Jsherida

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Answer to Question 1

d

Answer to Question 2

c




krzymel

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Reply 2 on: Jun 30, 2018
:D TYSM


dantucker

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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