Question 25 Calculate the total change in aggregate spending if investment increases by $200 billion and the marginal propensity to consume is 0.8. Instructions: Give the answer in billions There is no margin for error in this question. Whole numbers only. Question 26 Calculate the Money Multiplier, given the following information. rrr = .09 Total Deposits: $6300 Total Reserves: $4200 Instructions: Calculate the answer to two decimal points The margin of error .1
Question 25 Calculate the total change in aggregate spending if investment increases by $200 billion and the marginal propensity to consume is 0.8. Instructions: Give the answer in billions There is no margin for error in this question. Whole numbers only. Question 26 Calculate the Money Multiplier, given the following information. rrr = .09 Total Deposits: $6300 Total Reserves: $4200 Instructions: Calculate the answer to two decimal points The margin of error .1
Chapter1: Making Economics Decisions
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