Wednesday
August 20, 2014

Homework Help: Economics(Please respond)

Posted by Hannah on Saturday, April 21, 2012 at 11:29pm.

Given the increase in government expenditures and the marginal propensity to consume, how would yoou find the change in equilibrium GDP?

I did the expenditures X the marginal propensity but this is wrong.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

macroeconomics - gov. increases expenditures by $100 billon and marginal ...
Macroeconomics - If the marginal propensity to consume is 2/3, and there is no ...
economics - the value of the marginal propensity to consume is .8. If real ...
Macro Help - Calculating Marginal Propensity to Save and Marginal Propensity to ...
Economics - The value of the marginal propensity to save is 0.2. If real GDP ...
Econ - Need help on this question, I tried the ones i know. a The consumption ...
Economics - If a government raises its expenditures by $50 billion and at the ...
economics - Suppose that Congress enacts a lump-sum tax cut of $750 billion. The...
Macroeconomics - Suppose the marginal propensity to consume is 0.75. What does ...
macroeconomics - is this a recessionary or inflationary gap. aggregate supply ...

Search
Members