If the government wishes to increase GDP by $1,200b, and the MPC is 0.75, it should:
A. increase its spending by $300b.
B. decrease its spending by $900b.
C. increase its spending by $900b.
D. decrease its spending by $300b.
Answer: A
Economics
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In the late 1920s, you could buy $10,000 worth of stock by putting down as little as
A. $100. B. $1,000. C. $2,500. D. $5,000.
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