Amount of change in consumption in 'All other rounds' is O A. $16 B. $20 C. $100 D. $80

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.3P
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Amount of change in consumption in 'All other rounds' is
O A. $16
O B. $20
OC.$100
OD. $80
Transcribed Image Text:Amount of change in consumption in 'All other rounds' is O A. $16 O B. $20 OC.$100 OD. $80
Question 11
You may complete the following table assuming initial increase in investment = $10000 and MPC= 0.2.
Investment spending
Change in income
Change in consumption
Change in saving
Initial increase
$10000
2nd round
3rd round
All other rounds
Total
Amount of change in consumption in 'All other rounds' is
Transcribed Image Text:Question 11 You may complete the following table assuming initial increase in investment = $10000 and MPC= 0.2. Investment spending Change in income Change in consumption Change in saving Initial increase $10000 2nd round 3rd round All other rounds Total Amount of change in consumption in 'All other rounds' is
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