15. With the economy in a recession due to inadequate demand, the government increases its purchase by $2,000, The marginal propensity to consume is 3/4. How large is the increase in national income? a. 1500 b. 2000 с. 8000 d. 10000 4
15. With the economy in a recession due to inadequate demand, the government increases its purchase by $2,000, The marginal propensity to consume is 3/4. How large is the increase in national income? a. 1500 b. 2000 с. 8000 d. 10000 4
Chapter1: Making Economics Decisions
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![15. With the economy in a recession due to inadequate demand, the government increases its
purchase by $S2,000, The marginal propensity to consume is 3/4. How large is the increase in
national income?
a. 1500
b. 2000
c. 8000
d. 10000
4.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F574dcaa3-4413-4cd0-b889-c1f25f3de058%2Fa76af0de-16db-44bb-9d38-581d4623d253%2Fj0heu1a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:15. With the economy in a recession due to inadequate demand, the government increases its
purchase by $S2,000, The marginal propensity to consume is 3/4. How large is the increase in
national income?
a. 1500
b. 2000
c. 8000
d. 10000
4.
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