(Solution) If We Assume That The MPC Is 0.9, The Multiplier Will Be A) 5 B) 4 C) 10 D) 9 The Economy Is At Full-employment And Spending Increases, Which Spurs... | Snapessays.com


(Solution) If we assume that the MPC is 0.9, the multiplier will be a) 5 b) 4 c) 10 d) 9 The economy is at full-employment and spending increases, which spurs...


Six economic questions I need help with.If we assume that the MPC is 0.9, the multiplier will be

 

a) 5

 

b) 4

 

c) 10

 

d) 9

 

The economy is at full-employment and spending increases, which spurs

 

inflation. This type of inflation would be called.

 

a) deflation

 

b) demand-pull inflation

 

c) core inflation

 

d) hyperinflation

 

e) cost-push inflation

 

If the interest rate rose, we would expect

 

a) prices to fall

 

b) investment to rise

 

c) consumption to rise

 

d) investment to fall

 

Which of these groups would be helped by inflation

 

a) lenders

 

b) borrowers

 

c) savers

 

d) workers

 

e) retirees

 

Bill receives a raise of $1000 per month. From this he spends an extra $800

 

and saves an extra $200. His MPC would be

 

a) 0.8

 

b) 0.25

 

c) 4

 

d) 0.2

 

e) 1.25

 

Which of the following scenarios best illustrates the concept of cyclical

 

unemployment

 

a) Marian loses her job because of a recession

 

b) Sean quits his job to look for work that is more fun

 

c) Ellen is unqualified for most jobs because she dropped out of high school

 

d) Grace loses her job because of new automated machinery

 


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This question was answered on: May 23, 2022

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