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Business
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ECON MACRO4
Quiz 11: Aggregate Expenditure and Aggregate Demand
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Question 61
Multiple Choice
If the marginal propensity to consume is 3/4, the simple multiplier is
Question 62
Multiple Choice
Other things being equal, a decrease in an economy's exports will
Question 63
Multiple Choice
The simple multiplier equals
Question 64
Multiple Choice
Suppose that planned autonomous investment increases by $200 billion and that the marginal propensity to consume equals 0.80. The equilibrium level of real GDP will increase by
Question 65
Multiple Choice
If autonomous investment increases by $100 billion, equilibrium real GDP demanded will
Question 66
Multiple Choice
The larger the marginal propensity to save, other things constant,
Question 67
Multiple Choice
If the marginal propensity to save is 1/8, the value of the simple multiplier is
Question 68
Multiple Choice
If the marginal propensity to consume is 4/5, the value of the simple multiplier is
Question 69
Multiple Choice
Suppose that planned investment increases by $200 billion and that the marginal propensity to consume equals 0.80. The aggregate expenditure line will shift upward by __________ at every level of real GDP.