Top Posters
Since Sunday
e
4
h
4
h
4
m
3
d
3
B
3
o
3
w
3
H
3
a
3
c
3
k
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
NYC NYC
wrote...
Go to Answer
Posts: 4146
Rep: 0 0
8 years ago
Assume that taxes depend on income. The MPC is 0.75 and t is 0.2. If government spending increases by $10 billion, the equilibrium level of output will increase by:
A) $25 billion.
B) $100 billion.
C) $50 billion.
D) $16.7 billion.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
Read 153 times
2 Replies
Replies
Answer verified by a subject expert
JesslynJesslyn
wrote...
#1
Top Poster
Posts: 2058
Rep: 45 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

NYC Author
wrote...
#2
8 years ago
Perfect answer, thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1266 People Browsing
 244 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 970
  
 383
  
 898
Your Opinion
Where do you get your textbooks?
Votes: 447
Previous poll results: Which 'study break' activity do you find most distracting?