Question 161 'yui C+1+ (X- IM) -C+L+(X- IM) 120 200 Real GDP 600 If the level of investment spending increases by $100 and the MPC in the economy is 0.8, then the cumulative spending increase after three rounds of spending is A)$280. B)$260. C)$244. D)$220. Bupuads peay

Question 161 'yui C+1+ (X- IM) -C+L+(X- IM) 120 200 Real GDP 600 If the level of investment spending increases by $100 and the MPC in the economy is 0.8, then the cumulative spending increase after three rounds of spending is A)$280. B)$260. C)$244. D)$220. Bupuads peay

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question
161 / 215
'yuiu
45
C + 1,+ (X- IM)
C + 1,+ (X- IM)
120
200
Real GDP
600
If the level of investment spending increases by $100 and the MPC in the economy is 0.8, then the cumulative
spending increase after three rounds of spending is
A)$280.
B)$260.
C)$244.
D)$220.
Reai spending

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