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zaharov [31]
8 months ago
15

suppose that a financial crisis decreases planned investment spending by $100 billion, and the marginal propensity to consume is

0.8. assuming no taxes and no trade, real gdp will by .
Business
1 answer:
Bogdan [553]8 months ago
8 0

The real GDP will decrease by $500 billion.

<h3>What is GDP?</h3>

A country's gross domestic product (GDP) is the sum of the market values of all the finished goods and services produced within its borders during a specific time period. As a general measure of all domestic production, it provides a comprehensive evaluation of the economic health of a specific nation. GDP is frequently calculated on an annual basis, although it is also occasionally approximated on a quarterly basis. For example, the US government generates an annualised GDP estimate for the entire year as well as each fiscal quarter. Each item of data in this report is supplied in actual terms, which allows for the calculation of the data to account for price changes. The result is data that is net of inflation.

To learn more about GDP, visit:

brainly.com/question/15682765

#SPJ4

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