1. The Marginal Propensity to Consume (MPC) is: A. 0.50 B. 0.60 C. 0.70 D. 0.75 2. The Multiplier is: A. 2.5 B. 3 C.4 D. 5 3. The Fonilibrium level of National Inconme equals:
1. The Marginal Propensity to Consume (MPC) is: A. 0.50 B. 0.60 C. 0.70 D. 0.75 2. The Multiplier is: A. 2.5 B. 3 C.4 D. 5 3. The Fonilibrium level of National Inconme equals:
Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section9.A: The Simple Algebra Of Income Determination And The Multiplier
Problem 4TY
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Question
![Full Employment of National Income
700
1. The Marginal Propensity to Consume (MPC) is:
A. 0.50
B. 0.60
|С.0.70
D. 0.75
2. The Multiplier is:
A. 2.5
В.3
C. 4
D. 5
3. The Equilibrium level of National Income equals:
A. 700
В. 740
C. 780
D. 600
4. The size of the Deflationary or Inflationary is:
A. +15
B. -20
C. +40
D.-30
5. If investment spending increases by (6), the Equilibrium level of national income will increase by:
A. 10
B. 15
C. 20
D. 24
A Moving to another question will save this response](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8df34b92-016b-4d4d-831d-cd2fe369d3a5%2Fd046e79c-f50d-4de1-be86-96b7522c505a%2Fm7ohkup_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Full Employment of National Income
700
1. The Marginal Propensity to Consume (MPC) is:
A. 0.50
B. 0.60
|С.0.70
D. 0.75
2. The Multiplier is:
A. 2.5
В.3
C. 4
D. 5
3. The Equilibrium level of National Income equals:
A. 700
В. 740
C. 780
D. 600
4. The size of the Deflationary or Inflationary is:
A. +15
B. -20
C. +40
D.-30
5. If investment spending increases by (6), the Equilibrium level of national income will increase by:
A. 10
B. 15
C. 20
D. 24
A Moving to another question will save this response
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Item
Amount
Breakeven level of national income
450
The Average Propensity to save (APS) At national income level of (1000)
0.22
Investment Expenditures
60
Full Employment of National Income
700
1. The Marginal Propensity to Consume (MPC) is:
A. 0.50
B. 0.60
C. 0.70
D. 0.75
2. The Multiplier is:
A. 2.5
B. 3
C. 4
D. 5
3. The Equilibrium level of National Income equals:
A. 700
В. 740
C. 780
D. 600
4. The size of the Deflationary or Inflationary is:|
В. -20
C. +40
D. -30
A.+15](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8df34b92-016b-4d4d-831d-cd2fe369d3a5%2Fd046e79c-f50d-4de1-be86-96b7522c505a%2Fexi9quu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2
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19
Item
Amount
Breakeven level of national income
450
The Average Propensity to save (APS) At national income level of (1000)
0.22
Investment Expenditures
60
Full Employment of National Income
700
1. The Marginal Propensity to Consume (MPC) is:
A. 0.50
B. 0.60
C. 0.70
D. 0.75
2. The Multiplier is:
A. 2.5
B. 3
C. 4
D. 5
3. The Equilibrium level of National Income equals:
A. 700
В. 740
C. 780
D. 600
4. The size of the Deflationary or Inflationary is:|
В. -20
C. +40
D. -30
A.+15
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