Exam 11: The Aggregate Expenditures Model

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

The $787-billion stimulus package enacted by the Federal government in 2009 to try to deal with the Great Recession was intended to:

(Multiple Choice)
4.8/5
(42)

If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC in the economy must be 0.4.

(True/False)
4.7/5
(35)

The table shows a private open economy. All figures are in billions of dollars. The table shows a private open economy. All figures are in billions of dollars.   Refer to the above table. If net exports increased by $10 billion at each level of GDP, the equilibrium real GDP would be: Refer to the above table. If net exports increased by $10 billion at each level of GDP, the equilibrium real GDP would be:

(Multiple Choice)
4.9/5
(34)
Showing 141 - 143 of 143
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)