1. Using the above information, what is the MPC and MPS when the DI is 3000? MPC = MPS = 2. What equation could you use to determine the Multiplier, using MPC and MPS? Multiplier = %3D Multiplier = 3. If there is an initial investment spending of $5.000; what would the total change in GDP be?

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Use the table below to determine the MPC and MPS.
Disposable Income
Consumption
Saving
$1000
$1100
-$100
2000
1600
400
3000
2100
900
1. Using the above information, what is the MPC and MPS when the DI is 3000?
MPC =
MPS =
2. What equation could you use to determine the Multiplier, using MPC and MPS?
Multiplier =
Multiplier =
3. If there is an initial investment spending of $5.000: what would the total change in GDP be?
Transcribed Image Text:Use the table below to determine the MPC and MPS. Disposable Income Consumption Saving $1000 $1100 -$100 2000 1600 400 3000 2100 900 1. Using the above information, what is the MPC and MPS when the DI is 3000? MPC = MPS = 2. What equation could you use to determine the Multiplier, using MPC and MPS? Multiplier = Multiplier = 3. If there is an initial investment spending of $5.000: what would the total change in GDP be?
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