Question
Everything else held constant, if disposable income increases by 200 and consumption expenditure increases by 150, the mpc is Select one: A. 0. B. 0.15.
Everything else held constant, if disposable income increases by 200 and consumption expenditure increases by 150, the mpc is
Select one:
A. 0.
B. 0.15.
C. 0.5.
D. 0.75.
Aggregate demand in an economy with no government or foreign trade is
Select one:
A. consumer expenditure plus inventory investment.
B. consumer expenditure plus fixed investment.
C. consumer expenditure plus actual investment.
D. consumer expenditure plus planned investment.
An autonomous depreciation of the U.S. dollar makes American goods ________ relative to foreign goods and results in a ________ in U.S. net exports, everything else held constant.
Select one:
A. cheaper; decline
B. more expensive; decline
C. cheaper; rise
D. more expensive; rise
In the Keynesian cross diagram, an increase in investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift up, the equilibrium level of aggregate output to ________, and the IS curve to shift to the ________, everything else held constant.
Select one:
A. rise; left
B. fall; left
C. rise; right
D. fall; right
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