The table shows a private, open economy.All figures are in billions of dollars. Refer to the above table.If the marginal propensity to consume in this economy is 0.8, a $10 increase in its net exports would increase its equilibrium real GDP by:
A)$25
B)$50
C)$100
D)$200

Question

The table shows a private, open economy.All figures are in billions of dollars.  Refer to the above table.If the marginal propensity to consume in this economy is 0.8, a $10 increase in its net exports would increase its equilibrium real GDP by:
A)$25 
B)$50 
C)$100 
D)$200

Quizplus · Accepted Answer

The Answer of The table shows a private, open economy.All figures are in billions of dollars.  Refer to the above table.If the marginal propensity to consume in this economy is 0.8, a $10 increase in its net exports would increase its equilibrium real GDP by:
A)$25 
B)$50 
C)$100 
D)$200

The Table Shows a Private, Open Economy