Gdp, economics, Microeconomics

Suppose that investment spending increases by $10 million, shifting up the aggregate expenditure line and increasing GDP from GDP1 to GDP2. If the MPC is 0.9, then what is the change in GDP?
A) $9 million
B) $10 million
C) $90 million
D) $100 million
Posted Date: 3/11/2012 9:21:36 PM | Location : United States







Related Discussions:- Gdp, economics, Assignment Help, Ask Question on Gdp, economics, Get Answer, Expert's Help, Gdp, economics Discussions

Write discussion on Gdp, economics
Your posts are moderated
Related Questions
The Efficiency of a Competitive Market *? When an competitive markets generate an inefficient allocation of the resources or market failure?   1) Externalities Costs

Q. What do you meant by Real GDP? Real GDP:Value of total gross domestic product (which is, all the services and goods produced for money in the economy) adjusted for effects o


Find the highest interest rate: There are 2 entrepreneurs, Sally and Paul.  The return to their projects are given by: To finance the project, each entrepreneur needs


explain diagrammatically the bains model of limit pricing.


the difference between an lc3 and other types of businesses is that

Securitization: A process in that financial relationships (like loans) are converted into financial securities or assets (like bonds) that can be bought and re-sold in securities m

Q. Explain about Capital Flight? Capital Flight: A destructive process in that investors (both domestic residents and foreigners) withdraw their financial capital from a countr