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

Author Question: If an economy's MPCis 0.95 and the MPMis 0.15, then an increase in government spending of $1,000 ... (Read 69 times)

rl

  • Hero Member
  • *****
  • Posts: 579

Question 1

The open economy multiplier will decrease if


◦ the 
MPC decreases.
◦ the 
MPM decreases.
◦ either the 
MPM or the 
MPC decreases.
◦ the 
MPM increases.

Question 2

If an economy's 
MPC is 0.95 and the 
MPM is 0.15, then an increase in government spending of $1,000 will increase income by


◦ $1,000.
◦ $4,500.
◦ $5,000.
◦ $8,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
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 56% of students answer this correctly




Moriaki

  • Sr. Member
  • ****
  • Posts: 341

 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library