This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Government spending increases by $80 billion and the equilibrium level of output increases by $320 ... (Read 228 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Apr 19, 2019

Question 1

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. If government spending in Kiwiland increases by 400, equilibrium output increases by


◦ 400.
◦ 800.
◦ 1,600.
◦ 2,000.

Question 2

Government spending increases by $80 billion and the equilibrium level of output increases by $320 billion. The government spending multiplier


◦ is 4.
◦ is 5.
◦ is 6.
◦ cannot be determined from this information, because the 
MPC is not given.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Apr 19, 2019
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 64% of students answer this correctly


xclash

  • Member
  • Posts: 681
Reply 2 on: Apr 19, 2019
Wow, this really help

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Many U.S. regions under threat due to changes in sea level Many U.S. regions under threat due to changes in sea level
The Nile Delta will be strongly affected by a rise in sea level of 50 cm The Nile Delta will be strongly affected by a rise in sea level of 50 cm
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
The Hardy–Weinberg equilibrium for autosomal genes The Hardy–Weinberg equilibrium for autosomal genes
Video: The life cycle of protein

For a complete list of videos, visit our video library