Question 1 options:

If the MPC is .95, what will the MPS be?

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Question 2 options:

Using the information from question 1, what would the multiplier be?

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Question 3 options:

Using the information from questions 1 and 2, what would the change in GDP be if there were a $500 increase in consumption?

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Question 4 options:

If the MPC is 0.93, what would the MPS be?

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Question 5 options:

Using the information from question 4, what would the multiplier be? 

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Question 6 options:

Using the information from questions 4 and 5, what would the change in GDP be if there were a $10 change in consumption?

Format your answer as $###.##

 

Question 7 options:

If the MPC is .78, what would the MPS be?

Format your answer as .##

 

 

Question 8 options:

Using the information from question 7, what would the multiplier be? (round to the nearest hundredth if necessary ##.##)

Format your answer as #.##

 

 

Question 9 options:

Using the information from questions 7 and 8, what would the change in GDP be if there were a $100 increase in consumption?

Format your answer as $###.##

 

Question 10 options:

If the MPC is .99, what would the MPS be?

Format your answer as .##

 

 

Question 11 options:

Given the information in question 10, what would the multiplier be?

Format your answer as ### with no decimal

 

 

Question 12 options:

Given the information in questions 10 and 11, what would be the increase in GDP if there were a $20 increase in consumption?

Format your answer as #,###.##

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Status NEW Posted 12 Jul 2017 12:07 AM My Price 15.00

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