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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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