Macroeconomic help.... When businesses in the Macro Islands increased investment by $30 million to attract tourists, GDP increased by $300 million. Calculate the MPC in the Macro Islands?

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asked Jun 7, 2019 175k views

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Macroeconomic help....

When businesses in the Macro Islands increased investment by $30 million to attract tourists, GDP increased by $300 million. Calculate the MPC in the Macro Islands?

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Gbronner asked

by Gbronner

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Original investment/30million=your answer.

Milva answered Jun 11, 2019

by Milva

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