Solved

Suppose There Is an Increase in Government Purchases of $300

Question 54

Multiple Choice

Suppose there is an increase in government purchases of $300 billion. If Cy = .8; Ir = 9000; X = 600; t = .30; Suppose there is an increase in government purchases of $300 billion. If C<sub>y</sub> = .8; I<sub>r</sub> = 9000; X = 600; t = .30; <sub> r</sub><sub> </sub>= 10, A) r would equal 2%. B) r would equal -2%. C) r would equal .02%. D) r would equal 3.27%. r = 10,


A) Suppose there is an increase in government purchases of $300 billion. If C<sub>y</sub> = .8; I<sub>r</sub> = 9000; X = 600; t = .30; <sub> r</sub><sub> </sub>= 10, A) r would equal 2%. B) r would equal -2%. C) r would equal .02%. D) r would equal 3.27%. r would equal 2%.
B) Suppose there is an increase in government purchases of $300 billion. If C<sub>y</sub> = .8; I<sub>r</sub> = 9000; X = 600; t = .30; <sub> r</sub><sub> </sub>= 10, A) r would equal 2%. B) r would equal -2%. C) r would equal .02%. D) r would equal 3.27%. r would equal -2%.
C) Suppose there is an increase in government purchases of $300 billion. If C<sub>y</sub> = .8; I<sub>r</sub> = 9000; X = 600; t = .30; <sub> r</sub><sub> </sub>= 10, A) r would equal 2%. B) r would equal -2%. C) r would equal .02%. D) r would equal 3.27%. r would equal .02%.
D) Suppose there is an increase in government purchases of $300 billion. If C<sub>y</sub> = .8; I<sub>r</sub> = 9000; X = 600; t = .30; <sub> r</sub><sub> </sub>= 10, A) r would equal 2%. B) r would equal -2%. C) r would equal .02%. D) r would equal 3.27%. r would equal 3.27%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q49: The change in investment spending (

Q50: The change in investment spending (

Q51: The change in consumption spending (

Q52: The change in net exports (

Q53: The change in total saving (

Q55: Suppose there is an increase in government

Q56: Suppose there is an increase in government

Q57: Suppose there is an increase in government

Q58: Suppose there is an increase in government

Q59: If domestic businesses become more pessimistic about

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents