22) Assume that Americans spend only 50 percent of any increase in income and save 50 percent. In this case, the spending multiplier is equal

Group of answer choices

a) 2

b) 0

c) 50

d) 5

e) none of the above

23) Given the multiplier you found in question #22, how much will of an increase in GDP will come about as a result of a $10 billion increase in government spending? [In the box, put only the number preceded by a dollar sign: For example, $17.5 million].