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yanalaym [24]
3 years ago
15

Recently, the level of gdp has declined by $60 billion in an economy where the marginal propensity to consume is 0.75. aggregate

expenditures must have fallen by select one:
a. $45 billion.

b. $30 billion.

c. $15 billion.

d. $60 billion.
Business
1 answer:
Paha777 [63]3 years ago
8 0

Answer:

a. $45 billion.

Explanation:

The aggregate expenditures must have fallen by = 0.75*$65 billion

                                                                                   = $45 billion

Therefore, The aggregate expenditures must have fallen by $45 billion.

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Explanation:

Complement goods -

These are the type of goods , that are related to each other in a certain manner , is referred to as complement goods.

These type of good are also referred to as paired goods or associated goods .

In case of complement goods , if a person buys first good , then he might require the second good too.

These goods can even alters the prices of each other .

For example ,

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Hence , from the given scenario of the question,

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6 0
3 years ago
In the aggregate expenditures model, it is assumed that: a.gross investment (I), government purchases (G), and net exports (NX)
tiny-mole [99]

Answer:

The Correct Option is "B"

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The total use model accept that gross investment (I), government buys (G), and net export (NX) are independent to of genuine GDP (Y) as they don't depend on salary of the economy.

3 0
3 years ago
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2 years ago
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Answer:

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