This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real ... (Read 45 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jun 30, 2018
An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real GDP by:
 a. 1,000.
  b. 9,000.
  c. 900.
  d. 190.
  e. inadequate information is given.

Question 2

According to the quantity theory of money, which one of the following economic variables would change in response to an increase in the money supply?
 a. prices
  b. real income
  c. velocity
  d. employment


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

shayla

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

a

Answer to Question 2

a


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Jun 30, 2018
:D TYSM

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

The Head Start program was designed to increase the school readiness of low-income children. The Head Start program was designed to increase the school readiness of low-income children.
What is real and what is an illusion? What is real and what is an illusion?
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Pressure is a result of the atmosphere’s mass. Pressure is a result of the atmosphere’s mass.
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library