Multiple Choice
(Advanced analysis) Answer the question on the basis of the following information for a private open economy.The letters Y,C,Ig,X,and M stand for GDP,consumption,gross investment,exports,and imports respectively.Figures are in billions of dollars. The multiplier for the economy is:
A) 4.6.
B) 3.33.
C) 5.0.
D) 4.0.
Correct Answer:

Verified
Correct Answer:
Verified
Q118: (Advanced analysis)Assume the consumption schedule for a
Q121: (Advanced analysis)Answer the question on the
Q122: If the MPC in an economy is
Q124: (Advanced analysis)Answer the question on the
Q126: John Maynard Keynes created the aggregate expenditures
Q127: The aggregate expenditures model is built upon
Q128: It is true that:<br>A) equal increases in
Q153: If an increase in aggregate expenditures results
Q188: If a nation imposes tariffs and quotas
Q195: (Last Word) Say's law and classical macroeconomics