Multiple Choice
If the MPC equals 0.75 and G increases by $100,real GDP demanded will increase by
A) 75 percent
B) 25 percent
C) $50
D) $200
E) $400
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Of the following fiscal programs,which has the
Q44: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q45: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q46: A decrease in net taxes<br>A)raises aggregate expenditure
Q47: Exhibit 11-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 11-5
Q49: A tax is considered to be autonomous
Q50: If the MPC = 0.8,then the simple
Q51: A $100 billion increase in government purchases
Q52: Assume autonomous net taxes fall by $300;
Q53: A decrease in autonomous net taxes<br>A)increases GDP