Solved

Suppose There Is an Increase in Government Purchases of $300

Question 57

Multiple Choice

Suppose there is an increase in government purchases of $300 billion. If C_y = .8; I_r = 9000; X = 600; t = .30; _r= 10,

A) Suppose there is an increase in government purchases of $300 billion. If Cy = .8; Ir = 9000; X = 600; t = .30; r = 10, A) NX would equal $120 billion. B) NX would equal -$1200 billion. C) NX would equal -$12 billion. D) NX would equal -$120 billion. NX would equal $120 billion.
B) Suppose there is an increase in government purchases of $300 billion. If Cy = .8; Ir = 9000; X = 600; t = .30; r = 10, A) NX would equal $120 billion. B) NX would equal -$1200 billion. C) NX would equal -$12 billion. D) NX would equal -$120 billion. NX would equal -$1200 billion.
C) Suppose there is an increase in government purchases of $300 billion. If Cy = .8; Ir = 9000; X = 600; t = .30; r = 10, A) NX would equal $120 billion. B) NX would equal -$1200 billion. C) NX would equal -$12 billion. D) NX would equal -$120 billion. NX would equal -$12 billion.
D) Suppose there is an increase in government purchases of $300 billion. If Cy = .8; Ir = 9000; X = 600; t = .30; r = 10, A) NX would equal $120 billion. B) NX would equal -$1200 billion. C) NX would equal -$12 billion. D) NX would equal -$120 billion. NX would equal -$120 billion.