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Answer the questions below. 3) If the value of the marginal propensity to consume is .60 and real GDP falls by $25, this was caused

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Answer the questions below.

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3) If the value of the marginal propensity to consume is .60 and real GDP falls by $25, this was caused by a decrease in initial spending of what? 4)Complete the following chart (4-6): GDP=DI C S APC APS 1500 1540 1600 1620 1700 1700 1800 1780 1900 1860 2000 1940 2100 2020 2200 2100

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