If the MPC = 0.8, and planned autonomous investment increases by $80 billion, then equilibrium real GDP will increase by
A) $320 billion. B) $80 billion. C) $400 billion. D) $64 billion.
C
Economics
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Everything else held constant, an increase in expected inflation, lowers the expected return on ________ compared to ________ assets
A) bonds; financial B) bonds; real C) real estate; financial D) real estate; real
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The self-interest assumption is central to the analysis of behavior in both private and public sectors
a. True b. False Indicate whether the statement is true or false
Economics