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Author Question: Pierre is French Canadian, and like many Canadians he is experiencing booming good economic times. ... (Read 106 times)

krzymel

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

d

Answer to Question 2

c


krzymel

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Reply 2 on: Jun 30, 2018
Excellent

patma1981

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

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