6. Total planned expenditure (equals income) is 15,000, - cr = 600, the marginal propensi to consume is 0.6, government purchases are 3,000, taxes are 5,000 and planned investmen spending is 2,400. Net exports is 7. Which of the following variable will NOT shift the IS curve? A. government spending B. marginal propensity to consume C. responsiveness of net exports to the real interest rate D. all of the above E. none of the above
6. Total planned expenditure (equals income) is 15,000, - cr = 600, the marginal propensi to consume is 0.6, government purchases are 3,000, taxes are 5,000 and planned investmen spending is 2,400. Net exports is 7. Which of the following variable will NOT shift the IS curve? A. government spending B. marginal propensity to consume C. responsiveness of net exports to the real interest rate D. all of the above E. none of the above
Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section9.A: The Simple Algebra Of Income Determination And The Multiplier
Problem 4TY
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![6. Total planned expenditure (equals income) is 15,000, € – cr = 600, the marginal propensity
to consume is 0.6, government purchases are 3,000, taxes are 5,000 and planned investment
spending is 2,400.
Net exports is
7. Which of the following variable will NOT shift the IS curve?
A. government spending
B. marginal propensity to consume
C. responsiveness of net exports to the real interest rate
D. all of the above
E. none of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae2d9684-12b8-4882-8709-1c12636b95b3%2F32f7aca7-0275-4902-9283-06ef06e66b3b%2Flgb2wra_processed.png&w=3840&q=75)
Transcribed Image Text:6. Total planned expenditure (equals income) is 15,000, € – cr = 600, the marginal propensity
to consume is 0.6, government purchases are 3,000, taxes are 5,000 and planned investment
spending is 2,400.
Net exports is
7. Which of the following variable will NOT shift the IS curve?
A. government spending
B. marginal propensity to consume
C. responsiveness of net exports to the real interest rate
D. all of the above
E. none of the above
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