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Krazil Krazil
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A year ago
Multiplier Effects

Suppose that autonomous consumption spending increases by $90 million. If the marginal propensity to consume (MPC) is 0.65, then what is the change in real GDP? (Round to the nearest hundredth when appropriate.)

▸ $58.5 million

▸ $257.14 million

▸ $0.01 million

▸ $138.46 million
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Macroeconomics

Macroeconomics


Edition: 3rd
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KocojdaKocojda
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A year ago
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Krazil Author
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A year ago
Thanks for your help!!
Liarec
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Yesterday
Thank you, thank you, thank you!
hannahspillett
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2 hours ago
this is exactly what I needed
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