If the marginal propensity to consume is 0.80, what is the total implied increase in economic spending activity from a government stimulus of $100 billion? type an answer and press enter to submit billion dollars

is the total implied increase in economic spending activity from a government stimulus of billion

Explanation:

The median product preference tests the increase in expenditure due to changes in availability.

In increasing government expenditure, total economic investment would be increased by the scale of the budget multiplier. In other terms, the expenditure equation indicates how much GDP can increase as government expenditure increases.

The spending multiplier can be expressed as

So, the total implied increase in economic spending is

In economics, marginal propensity to consume (MPC) is the proportion of an aggregate raise in pay that consumer spends on the consumption of services and goods, as opposed to saving it.

all of them make sense but, i would have to say ask someone who has been there/or lives there, and/or read recent newspapers from that city.

hope this !

answer; (a) calling people who have not shown interest in the product and asking them to buy it;