Site MapHelpFeedbackAdvanced
Advanced
(See related pages)

1

Refer to Table 6.9 to answer this question. (You can assume that the MPC, MTR, MPM, X, I, and G are all constants.) What is the value of expenditures equilibrium?
A)$300
B)$400
C)$500
D)$600
E)$1000
2

Refer to Table 6.9 to answer this question. (You can assume that the MPC, MTR, MPM, X, I, and G are all constants.) What is the value of the multiplier?
A)0.5
B)1
C)2
D)2.5
E)5
3

Refer to Table 6.10 to answer this question. What is the value of the multiplier in this economy?
A)1
B)1.54
C)1.67
D)2
E)5
4

Refer to Table 6.10 to answer this question. What is the value of equilibrium income in this economy?
A)$3840
B)$3967
C)$4000
D)$4133
E)$5000
5

Refer to Table 6.10 to answer this question. At equilibrium, what is the balance of trade?
A)A surplus of $100
B)A deficit of $100
C)A surplus of $300
D)A deficit of $300
E)A zero balance of trade





To learn more about the book this website supports, please visit its Information Center.
Copyright (c)2015 McGraw-Hill Education .
Any use is subject to the Terms of Use and Privacy Notice | Report Piracy


Principles of MacroeconomicsOnline Learning Center

Home > Chapter 6 > Advanced