Refer to the information provided in Figure 23.11 below to answer ...

[sammy]

Excellent

[adammoses97]

Great! Please up vote

[haleyc112]

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 ________ increase in investment changes equilibrium output to $240 million.

◦ $5 million
◦ $10 million
◦ $20 million
◦ $50 million

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 decrease in autonomous consumption

◦ changes equilibrium expenditure to $160 million.
◦ changes equilibrium output to $120 million.
◦ increases the 
MPC.
◦ increases the 
MPS.

[cupcake16]

Answer 1

$10 million

Answer 2

changes equilibrium expenditure to $160 million.