Kim has taken a big step toward saving for her house. She has accumulated $56,750.00 for her down payment. Kim began with an initial investment of $25,000.00. She has been investing for 9 years. What is her percentage average annual rate of return? If the marginal propensity to consume is 0.87 what would the impact on GDP of an increase of government spending of $275,000,000.00. What is the Net stimulus?
Kim has taken a big step toward saving for her house. She has accumulated $56,750.00 for her down payment. Kim began with an initial investment of $25,000.00. She has been investing for 9 years. What is her percentage average annual rate of return? If the marginal propensity to consume is 0.87 what would the impact on GDP of an increase of government spending of $275,000,000.00. What is the Net stimulus?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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