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Author Question: If MPS is equal to 0.15 and MPI is equal to 0.10, an initial change of 19,000 in government ... (Read 72 times)

Mr.Thesaxman

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on: Jun 30, 2018
If MPS is equal to 0.15 and MPI is equal to 0.10, an initial change of 19,000 in government expenditure would result in a total change of _____ in income.
 a. 19,000
  b. 16,150
  c. 20,000
  d. 76,000
  e. 126,667

Question 2

An increase in the price of a good will
 a. increase demand.
 b. decrease demand.
 c. increase quantity demanded.
  d. decrease quantity demanded.


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carolinefletcherr

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

d

Answer to Question 2

d


Mr.Thesaxman

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bulacsom

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Reply 3 on: Yesterday
:D TYSM

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