Customer Service Chat
Get quote & make Payment
A change in government purchases of goods and services results in a change in real GDP equal to $200 million. Assume the absence of taxes, international trade, and changes in the aggregate price level.
Suppose that the MPC is equal to 0.75. What was the size of the change in government purchases of goods and services that resulted in the increase of GDP of $200 million?
Posted Date: 10/21/2012 8:21:26 PM | Location : United States
Ask an Expert
MPC, Assignment Help, Ask Question on MPC, Get Answer, Expert's Help, MPC Discussions
Write discussion on MPC
Your posts are moderated
Write your message here..
Considered opportunity costs, Gasoline, insurance, depreciation, and repair...
Gasoline, insurance, depreciation, and repairs are all costs of owning a car. Which of these can be considered opportunity costs in the context of each of the following decisions?
What are the important aspects in tracking the macro-economy, What are the ...
What are the important aspects in tracking the macro-economy? Important aspects in tracking the macro-economy: a. How economists utilizes aggregate measures to track the pre
Describe endogenous growth theory, Q. Describe Endogenous growth theory? ...
Q. Describe Endogenous growth theory? Endogenous growth theory or new growth theory was developed in the 1980s by Paul Romer and others. In neo-classical model, technological p
#, what cause keynesian unemployment?
what cause keynesian unemployment?
Monetary, 1. Suppose the banking system has reserve of $750000, demand depo...
1. Suppose the banking system has reserve of $750000, demand deposits of $2500000 and a reserve requirement of 20%. a. if the fed now purchases $125,000 worth of govt bonds from t
Price elasticity be somewhat overestimated, Movie attendance dropped 8 perc...
Movie attendance dropped 8 percent as ticket prices rose a little more than 5 percent. What is price elasticity of demand for movie tickets? Could price elasticity be somewhat over
Illustrate the about term the open economy in short, Illustrate the about t...
Illustrate the about term the open economy in short. The Open Economy: a. A closed economy is an economy which does not trade goods-services as well as assets. b. The Uni
What causes a supply curve to shift, What causes a supply curve to shift? ...
What causes a supply curve to shift? a. Changes into Input Prices An input is a good which is used to generate another good. b. Changes into Technology c. Chang
What are the advantages of capitalism, The benefits of capitalism are that ...
The benefits of capitalism are that the governments have limited control over other business, which lets business compete.
Credit multiplier, compute: credit multiplier, maximum change in the money ...
compute: credit multiplier, maximum change in the money supply
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.