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The marginal propensity to save is 0.2. Equilibrium GDP will decrease by $100 billion if the aggregate expenditures schedule decreases by $20 billion. $200 billion.
The marginal propensity to save is 0.2. Equilibrium GDP will decrease by $100 billion if the aggregate expenditures schedule decreases by
- $20 billion.
- $200 billion.
- $80 billion.
- $5 billion.
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Principles of Economics
Authors: N. Gregory Mankiw
8th edition
1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126
