Question 1
Refer to the information provided in Table 24.7 below to answer the question(s) that follow.


Refer to Table 24.7. Which of the following variables is considered autonomous?
◦ saving
◦ planned investment
◦ planned government spending
◦ both planned investment and planned government spending
Question 2
Refer to the information provided in Table 24.7 below to answer the question(s) that follow.


Refer to Table 24.7. Suppose the economy is in equilibrium and the government increases spending by $100 million, the new equilibrium output is $________ million
◦ 1,600
◦ 1,800
◦ 1,900
◦ 2,400