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

Author Question: The open economy multiplier is (Read 50 times)

humphriesbr@me.com

  • Hero Member
  • *****
  • Posts: 550
on: Apr 19, 2019

Question 1

If an economy's 
MPC is 0.8 and the 
MPM is 0.05, then an increase in government spending of $2,000 will increase income by


◦ $5,500.
◦ $8,000.
◦ $10,000.
◦ $20,000.

Question 2

The open economy multiplier is


◦ 1/[1 - (
MPC - 
MPM)].
◦ 1/[1 - 
MPC - 
MPM].
◦ 1/[1 - (
MPM - 
MPC)].
◦ MPM/[1 - (
MPC - 
MPM)].
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 humphriesbr@me.com on Apr 19, 2019

soda0602

  • Sr. Member
  • ****
  • Posts: 313
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 29% of students answer this correctly


humphriesbr@me.com

  • Member
  • Posts: 550
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Open space is found in a Lodgepole pine stand after thinning. Open space is found in a Lodgepole pine stand after thinning.
Open Heart Surgery Open Heart Surgery
Capuchins use stones to crack open palm nuts in much the same way that chimpanzees in some populatio Capuchins use stones to crack open palm nuts in much the same way that chimpanzees in some populatio
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Open the outlet valve on the canister. Open the outlet valve on the canister.
Use a rubber finger cot to cover an open wound on a finger. Use a rubber finger cot to cover an open wound on a finger.
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library