Exhibit 10-3
-The MPS in the economy represented in Exhibit 10-3 is
A) 0
B) 0.1
C) 0.2
D) 0.8
E) 20
Correct Answer:
Verified
Q25: On the aggregate expenditure graph,if autonomous saving
Q26: If households save $40 billion less at
Q27: On the aggregate expenditure graph,if autonomous investment
Q38: If the full employment level of income
Q43: The larger the MPS,the smaller the multiplier
Q44: The larger the MPC,the greater the multiplier
Q46: The simple multiplier
A)when divided by consumption spending
Q49: If the mps is 0.25,the simple multiplier
Q51: If investment increases by $100 and,as a
Q53: If people spend 2/3 of any extra
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