Lab 3 (Question 1) ~ Lyryx Learning Inc.pdf - Lab...

  • Concordia University
  • ECON 203
  • Lab Report
  • premio8282yellow
  • 3
  • 100% (15) 15 out of 15 people found this document helpful

This preview shows page 1 - 3 out of 3 pages.

2017-09-25, 8+36 PM Lab 3 (Question 1) ~ Lyryx Learning Inc PRINT Help Lab 3 (Question 1) Name: Sadia Anowara Smitha Date: 2017-09-25 20:35 Question 1 [6 points] Consider an economy of a nation that has the following aggregate expenditure. Note : Please make sure your final answers are accurate to 2 decimal places. a) What is the value of the equilibrium national real GDP? b) What is the value of the multiplier? c) If the autonomous consumption were to increase by $600, what would be the new value of equilibrium real GDP?
Page 1 of 3
2017-09-25, 8+36 PM Lab 3 (Question 1) ~ Lyryx Learning Inc Page 2 of 3 Marking: (a) Your answer was: $750.00 Congratulations! You have entered the correct answer.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture