Mathematics, 12.04.2021 07:00, khan2491

Suppose economists observe that an increase in government spending of $14 billion raises the total demand for goods and services by $70 billion. If these economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be . Now suppose the economists allow for crowding out. Their new estimate of the MPC would be than their initial one.

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:30, jamalnellum56

The square pyramid has a volume of 441 cubic inches. what is the value of x? 1/7x is the height x is the base

Answers: 2

continue

Mathematics, 21.06.2019 19:30, jossfajardo50

Aproduction manager test 10 toothbrushes and finds that their mean lifetime is 450 hours. she then design sales package of this type of toothbrush. it states that the customers can expect the toothbrush to last approximately 460 hours. this is an example of what phase of inferential statistics

Answers: 1

continue

Mathematics, 21.06.2019 20:20, helpmeplzandty

Select the correct answer. what is the exact value of sin (157.5°)? a. 'sqrt(2 - sqrt(2))/2 b. *"-"'sqrt(2 + sqrt(2))/29 c.'sqrt(2 + sqrt(2))/4" d. "-"sqrt(2 + sqrt(2))/4)

Answers: 3

continue

Mathematics, 21.06.2019 20:30, tatipop49

In an improper fraction, is the numerator equal to, less than, or greater than the denominator

Answers: 2

continue

Do you know the correct answer?

Suppose economists observe that an increase in government spending of $14 billion raises the total d...