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Author Question: Which of the following statements is true? (Read 32 times)

Mollykgkg

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on: Apr 19, 2019

Question 1

A $100 million increase in government spending causes


◦ an equal amount of change in equilibrium output in an open and a closed economy.
◦ a larger change in an open economy than in a closed economy.
◦ a larger change in a closed economy than in an open economy.
◦ a larger change in a closed economy than in an open economy if the 
MPM is zero.

Question 2

Which of the following statements is 
true?


◦ The larger a nation's marginal propensity to consume, the smaller the open-economy multiplier.
◦ The smaller a nation's marginal propensity to import, the smaller the open-economy multiplier.
◦ The larger a nation's marginal propensity to export, the smaller the open-economy multiplier.
◦ The larger a nation's marginal propensity to import, the smaller the open-economy multiplier.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Mollykgkg on Apr 19, 2019

nekcihc358

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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.
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Mollykgkg

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Reply 2 on: Apr 19, 2019
:D TYSM

dantucker

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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