Use the diagram to the right to answer the following: a. The equilibrium value of real GDP is $ trillion. (Enter your response as a whole number.) (Enter your response rounded to two decimal places.) b. The MPC is equal to c. The multiplier is equal to (Enter your response rounded to one decimal place.) ODD
Use the diagram to the right to answer the following: a. The equilibrium value of real GDP is $ trillion. (Enter your response as a whole number.) (Enter your response rounded to two decimal places.) b. The MPC is equal to c. The multiplier is equal to (Enter your response rounded to one decimal place.) ODD
Chapter9: The Keynesian Model In Action
Section: Chapter Questions
Problem 5SQP
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