If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____
A. 0.2
B. 0.4
C. 0.8
D. 2

Question

05-12-2022
Business

Answered

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If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____
A. 0.2
B. 0.4
C. 0.8
D. 2

Sagot :

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If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____ A. 0.2 B. 0.4 C. 0.8 D. 2

Sagot :

Other Questions

If the government increased its purchases of goods and services by $12,000, and this resulted in an eventual increase in gdp and income of $60,000, the mps would be equal to _____
A. 0.2
B. 0.4
C. 0.8
D. 2