[Answered] An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real ...

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Author Question: An increase in government spending by 100 would, if the MPC = 0.90, result in an increase in real ... (Read 39 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

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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

Wow, this really help

zacnyjessica

Member
Posts: 345

Reply 3 on: Yesterday

Gracias!

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