If the MPC is 0.76, what is the value of the spending multiplier? Please round to 2 decimal places. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ($) when answering.

Flag question: Question 45Question 455 pts

If the MPC is 0.59, what is the value of the tax multiplier? Please round to 2 decimal places. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ($) when answering.

Flag question: Question 46Question 465 pts

If the MPC is 0.7 and government purchases increase by $1,710, holding all else constant, real GDP will change by _____ according to the multiplier effect. Please round to 2 decimal places. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ($) when answering.

Flag question: Question 47Question 475 pts

If the MPC is 0.8 and taxes increase by $543, holding all else constant, real GDP will change by _____ according to the multiplier effect. Please round to 2 decimal places. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ($) when answering.