Exhibit 10-7
-In Exhibit 10-7,the spending multiplier equals
A) 1.43
B) 2.50
C) 3.33
D) 5
E) 10
Correct Answer:
Verified
Q2: Adding net exports to aggregate expenditure always
A)increases
Q3: The marginal propensity to import is defined
Q7: What is the impact of net exports
Q9: If net exports increase by $350 billion
Q13: If the MPC = 0.9 and the
Q14: In a model which includes variable net
Q15: When variable net exports are added to
Q18: If variable net exports increase by the
Q20: The larger the marginal propensity to import,
Q93: Exports are an injection into the circular
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