Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
B88101 B88101
wrote...
Go to Answer
Posts: 122
Rep: 0 0
A year ago
The Income-Expenditure Model

If an economy's MPC is 0.6 and the MPM is 0.25, then an increase in government spending of $2000 billion will increase income by ________ billion. (Round to the nearest integer.)

▸ $2667

▸ $3077

▸ $5714

▸ $5000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 22 times
1 Reply
Replies
Answer verified by a subject expert
jennaforierojennaforiero
wrote...
#1
Posts: 121
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

B88101 Author
wrote...

A year ago
This site is awesome
taydav
wrote...

Yesterday
Thanks for your help!!
vernonb
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1280 People Browsing
 117 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 297
  
 300
  
 316
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Who will win the 2024 president election?