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Equations for c, i, g, and nx are given below. if the equilibrium level of gdp is $21,500, what is the marginal propensity to consume? c = 1,500 + (mpc)y i = 1,000 g = 2,000 nx = -200 a.0.67 b.0.75 c.0.
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Nov 18, 2018
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Equations for c, i, g, and nx are given below. if the equilibrium level of gdp is $21,500, what is the marginal propensity to consume? c = 1,500 + (mpc)y i = 1,000 g = 2,000 nx = -200
a.0.67
b.0.75
c.0.8
d.0.9
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Schummar
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The answer would be D. 0.9
Mohsen Alizadeh
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Nov 23, 2018
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Mohsen Alizadeh
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