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Author Question: Multiplier EffectsIf a decrease in investment spending of $40 billion results in a $120 billion ... (Read 223 times)

frosh101

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on: Nov 23, 2022

Question 1

Multiplier Effects

If a decrease in autonomous consumption spending of $50 billion results in a $160 billion decrease in equilibrium real GDP, then the multiplier is ________. (Round to the nearest hundredth when appropriate.)
◦ 3.2
◦ 50
◦ 2.2
◦ 0.31

Question 2

Multiplier Effects

If a decrease in investment spending of $40 billion results in a $120 billion decrease in equilibrium real GDP, then the marginal propensity to consume (MPC) is ________. (Round to the nearest hundredth when appropriate.)
◦ 0.67
◦ 0.03
◦ 0.33
◦ 3
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by frosh101 on Nov 23, 2022

dsd1212

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Reply #1 on: Nov 23, 2022
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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frosh101

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

coreycathey

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Reply 3 on: Yesterday
Excellent

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