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

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11/02/2020 Lab 3 (Question 1) ~ Lyryx Learning Inc Print Preferences Help Lab 3 (Question 1) Name: Tévida Lim-Gélinas Date: 2020-02-11 9:54 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 $550, what would be the new value of equilibrium real GDP? Printer Friendly 3
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11/02/2020 Lab 3 (Question 1) ~ Lyryx Learning Inc 2/3 Marking: (a) Your answer was: $330.00 Congratulations! You have entered the correct answer. (b) Your answer was: 3.00 The correct answer was: 1.50

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