Post a New Question


posted by .

How would i approach this question? I don't necessarily want an answer. A "how to" would be better.

(Simple Spending Multiplier) For each of the following values for the MPC, determine the size of the simple spending multiplier and the total change in real GDP demanded following a $10 billion decrease in spending:
a. MPC = 0.9
b. MPC = 0.75
c. MPC = 0.6

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question