If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC (Marginal Propensity to Consume) in the economy must be 0.4.
A) True
B) False

Question

03-07-2024
Business

Answered

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If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC (Marginal Propensity to Consume) in the economy must be 0.4.
A) True
B) False

Sagot :

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If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC (Marginal Propensity to Consume) in the economy must be 0.4.A) True B) False

Sagot :

Other Questions

If aggregate expenditures rise by $200 billion and real GDP consequently rises by $500 billion, then the MPC (Marginal Propensity to Consume) in the economy must be 0.4.
A) True
B) False