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Author Question: Refer to the information provided in Figure 23.11 below to answer the question(s) that follow. Refer ... (Read 207 times)

nautica902

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Question 1

The ratio of the change in the equilibrium level of output to a change in some autonomous variable is the


◦ elasticity coefficient.
◦ multiplier.
◦ automatic stabilizer.
◦ marginal propensity of the autonomous variable.

Question 2

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. The equation for the aggregate expenditure function 
AE
0 is


AE
0 = 50 + 0.6
Y.
AE
0 = 80 + 0.6
Y.
AE
0 = 50 + 0.75
Y.
AE
0 = 50 + 0.4
Y.


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Marked as best answer by nautica902 on Apr 19, 2019

mistyjohnson

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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itsmyluck

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Question 1

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. The value of the multiplier is


◦ 2.
◦ 2.5.
◦ 3.
◦ 4.

Question 2

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. A $10 million increase in investment changes equilibrium output to


◦ $240 million.
◦ $225 million.
◦ $175 million.
◦ $90 million.



k2629

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altibaby

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Question 1

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. A $20 million decrease in autonomous consumption


◦ changes equilibrium expenditure to $120 million.
◦ changes equilibrium output to $180 million.
◦ will change the 
MPC.
◦ will change the 
MPS.

Question 2

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. If 
MPC increases to 0.8, equilibrium aggregate output


◦ increases to $250 million.
◦ remains at $200 million.
◦ increases to $400 million.
◦ cannot be determined from the given information.



sierrahalpin

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Answer 1

changes equilibrium expenditure to $120 million.

Answer 2

increases to $250 million.



sammy

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Question 1

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. [50 + 0.75
Y] represents the


◦ autonomous consumption function.
MPC.
◦ aggregate expenditures function.
MPS.

Question 2

Refer to the information provided in Figure 23.11 below to answer the question(s) that follow.













Refer to Figure 23.11. On this graph, 
4 represents the


MPC.
MPS.
◦ break even income level.
◦ multiplier.



adammoses97

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Answer 1

aggregate expenditures function.

Answer 2

multiplier.



 

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