If product price increases, then: a. MP will increase. b. MFC ...

[Melani1276]

If product price increases, then:
 a. MP will increase.
  b. MFC will increase.
  c. MRP will increase.
  d. MP will decrease.

Question 2

Suppose government purchases increase by 100 million in an economy, which leads to total output increasing by 500 million. The size of the multiplier is _____.
 a. 400
  b. 5
 c. 500
  d. 0.5
 e. 50

[nhea]

Answer to Question 1

c

Answer to Question 2

e

[Melani1276]

YES! Correct, THANKS for helping me on my review

[juliaf]

Thanks for the timely response, appreciate it