> A Moving to another question will save this response. Quèstion 22 All figures in the table below are in billions. Assume that investment, , is not affected by the income GDP level. GDP Consumption + Exports Imports Investment $ 500 $ 525 $ 15 $ 10 550 560 15 10 600 595 15 10 650 630 15 10 700 665 15 10 750 700 15 10 The muitiplier for this private open economy is O A. 2.00. ОВ.3.33. OC. 2.50. O D. 1.25. A Moving to another question will save this response. O oo OOO

> A Moving to another question will save this response. Quèstion 22 All figures in the table below are in billions. Assume that investment, , is not affected by the income GDP level. GDP Consumption + Exports Imports Investment $ 500 $ 525 $ 15 $ 10 550 560 15 10 600 595 15 10 650 630 15 10 700 665 15 10 750 700 15 10 The muitiplier for this private open economy is O A. 2.00. ОВ.3.33. OC. 2.50. O D. 1.25. A Moving to another question will save this response. O oo OOO

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If imports are €100 million less than exports, government purchases are €500 million, consumer expenditures are €1 billion, and gross investment spending is €500 million, then GDP is O €2 billion. O €2.1 billion. O €1 billion. O €1.9 billion.
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Suppose that Country X's government wants to increase output. If the multiplier equals 2.5 and the government increases spending by 300, how much will output increase by? O 750 O 200 50 100
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