subject
Business, 25.12.2019 02:31 andreawright13

Suppose that consumers become more pessimistic about the future and, as a result, reduce their consumption by $10 billion. if the marginal propensity to consume is 0.80, how will this $10 billion reduction in consumption affect the equilibrium level of real gdp? group of answer choices real gdp will decrease by $8 billion. real gdp will decrease by $10 billion. real gdp will decrease by $40 billion. real gdp will decrease by $50 billion.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
At a young age, ebony's coaches were confident she had the potential to be a world-class swimmer with a future coaching career. after four years on an athletic scholarship and olympic experience under her belt, she chose a different path. with her savings and personal connections, she rented a corner building in a bustling san francisco neighborhood and pursued her dream: a surf shop business. ebony's dream was rooted in which basic right of free-market capitalism?
Answers: 3
question
Business, 22.06.2019 16:50
Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.
Answers: 2
question
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
question
Business, 23.06.2019 04:50
Suppose an investor starts with a portfolio consisting of one randomly selected stock. as more and more randomly selected stocks are added to the portfolio, what happens to the portfolio's risk
Answers: 1
You know the right answer?
Suppose that consumers become more pessimistic about the future and, as a result, reduce their consu...
Questions
question
Chemistry, 13.04.2020 19:54
question
Mathematics, 13.04.2020 19:54
Questions on the website: 13722363