Consider a basic goods market model where the propensity to consume is 60% of disposable income. If the government wants to increase output Y by 10%, public spending should be Scegli un'alternativa: I do not answer increased by 2,5% of Y increased by 4% of Y increased by 10% of Y increased by 40% of Y

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Q: Which of the following equations is incorrect? O A. MPC + MPS = AYD B. OC. AYDXMPS = AS O D. AC + AS…

A: MPC is marginal propensity to consume.  MPS is the marginal propensity to save.  YD is the…

Q: Assume there are 2 people Xavier with a Marginal propensity to consume (MPC) of 80% and Francis with…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

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Q: 5. The average propensity to consume Your answer 6. The average propensity to save ( Your answer

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Q: Given the following consumption function, C = 400 + 0.75YD, where C= consumption expenditure, YD =…

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Q: 40. Calculate equilibrium income when C= 140+ 0.80Y I= 160 G=200 X 150 %3D M=100. %3D

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Q: What is the 'mpc' ? a) 1/3 b) 1/2 c) 2/3 d) 4 e) 3/4

A: MPC is the marginal propensity to consume.  MPC is calculated as the change in consumption divided…

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