subject
Business, 24.10.2020 21:50 jayleneeeee

If real GDP is $570 billion, full employment GDP is $300 billion, and the marginal propensity to consume is 0.9, then Congress should a. increase taxes by $20 billion.
b. increase taxes by $30 billion.
c. increase taxes by $270 billion.
d. increase spending by $27 billion.
e. decrease spending by $270 billion.
Please explain! Not sure how to do this type of problem.
Will mark brainliest!

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:50
2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?
Answers: 3
question
Business, 21.06.2019 23:30
As manager of kids skids, meghan wants to develop her relationship management skills. in order to do this, she learns how to
Answers: 2
question
Business, 22.06.2019 10:20
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
question
Business, 22.06.2019 10:30
6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next
Answers: 2
You know the right answer?
If real GDP is $570 billion, full employment GDP is $300 billion, and the marginal propensity to con...
Questions
question
Mathematics, 06.12.2020 14:00
question
Mathematics, 06.12.2020 14:00
question
Social Studies, 06.12.2020 14:00
Questions on the website: 13722362