FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If autonomous consumption rises by $ 2 0 and, as a result, Real GDP rises by $ 2 0 0 , then the multiplier is

If autonomous consumption rises by $20 and, as a result, Real GDP rises by $200, then the multiplier is
a.
10.
b.
5.
c.
4.
d.
6.
e.
none of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Economics questions

Question

8.69 Excedrin or Tylenol? In a study to compare the effects of two pain relievers, it was found that of n = 200 randomly selected individuals instructed to use the first pain reliever, 93% indicated...

Answered: 1 week ago

Question

★★★★★
CH3CH2SH + CH3O- A (contains sulfur) + B C + H2O D + E (which is inorganic) (a) Given the above sequence of reactions, draw structures for A through E. (b) Rewrite the reaction sequence, showing all...

Answered: 1 week ago

Question

★★★★★
nt ances Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes...

Answered: 1 week ago

Question

★★★★★
For this assignment, you will conduct a gap analysis to determine available opportunities within a particular industry to gain competitive advantage in areas such as operational excellence, product...

Answered: 1 week ago

Question

★★★★★
Charles had been drinking heavily and had an argument with his ex-girlfriend. He threatened to burn her house down. A short time later he set fire to some cardboard boxes on the porch, causing...

Answered: 1 week ago

Question

★★★★★
A company produces three products, Y1, Y2, and Y3 in the same process.The data below reflects average monthly results: Y1 Y2 Y3 Monthly output (kg) 40,000 20,000 20,000 Sales Value at split off...

Answered: 1 week ago

Question

★★★★★
By implementing the JIT system, a pull system technique will be used to ensure a smooth flow on the factory floor. JIT system implementation requires more than just the production floor; it also...

Answered: 1 week ago

Question

★★★★★
You will apply operations management ideas to real-world scenarios in this exercise. This course will allow you to start constructing an operation management strategy by writing a paper on a company...

Answered: 1 week ago

Question

★★★★★
X-Corp. uses first in first out for its process costing Materials are issued 100% when work order is created Beginning WIP: conversion costs 50% complete Ending WIP : conversion costs 30% complete...

Answered: 1 week ago

Previous Question Next Question