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

Author Question: Assume that a 1.00 increase in exports increases GDP by 2.00, and a 1.00 increase in income ... (Read 118 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: May 25, 2020

Question 1

Assuming there is no government or foreign sector, if the multiplier is 2.5, the mpc is
◦ 0.4.
◦ 0.25.
◦ 2.5.
◦ 0.6.

Question 2

Assume that a £1.00 increase in exports increases GDP by £2.00, and a £1.00 increase in income increases import spending by £0.15. In this case, a £500 million increase in exports will increase net exports by
◦ £350 million.
◦ £500 million.
◦ £650 million.
◦ £150 million.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Starlight on May 25, 2020

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: May 25, 2020
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 25% of students answer this correctly


Starlight

  • Member
  • Posts: 567
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Determination of Income Inequality Determination of Income Inequality
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Polyploidy increases fruit size Polyploidy increases fruit size
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library