This topic contains a solution. Click here to go to the answer

Author Question: The economy of Kiwiland can be characterized by Equation 24.6. EQUATION 24.6: C= 1,000 + 0.5 Yd T= ... (Read 35 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571

Question 1

If the government spending multiplier is 6 and government spending increases by $30 billion, output will ________ by $________ billion.


◦ increase; 180
◦ decrease; 180
◦ increase; 5
◦ decrease; 5

Question 2

The economy of Kiwiland can be characterized by Equation 24.6.



EQUATION 24.6:




C = 1,000 + 0.5
Yd


T = 200


G = 400


I = 500





Refer to Equation 24.6. The equilibrium level of income in Kiwiland is


◦ 900.
◦ 1,800.
◦ 2,700.
◦ 3,600.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on Apr 19, 2019

bhavsar

  • Sr. Member
  • ****
  • Posts: 351
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.
Answer Preview
Only 29% of students answer this correctly





 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library