If the MPC is 0.8, what change in investment spending is required to effect a total change in income by $60 billion?

What are the sources of human capital?

What will be an ideal response?

When economic growth occurs, the

A) economy moves along its production possibilities frontier. B) production possibilities frontier shifts outward. C) production possibilities frontier becomes steeper. D) production possibilities frontier shifts outward but no longer limits the amount that can be produced.