mjb08a_m101_RETURNED (1)

mjb08a_m101_RETURNED (1) - National Income Determination...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: National Income Determination GDP (Y) Consumption (C) Investment (I) Net Exports (X - IM) Total Expenditures 4,800 3,000 900 1,300 (100) 5,200 3,300 900 1,300 (100) 5,600 3,600 900 1,300 (100) 6,000 3,900 900 1,300 (100) 6,400 4,200 900 1,300 (100) 6,800 4,500 900 1,300 (100) 7,200 4,800 900 1,300 (100) Government Purchases (G) 4,000 4,500 5,000 5,500 6,000 6,500 7,000 7,500 2,500 3,500 4,500 5,500 6,500 7,500 National Income Determination Column B Column P Column Q Column R Column A Real GDP Real Expenditures Marginal Propensity to Consume and the Multiplier Investment $1,000,000.00 MPC 0.10 Multiplier 1.11 Round # Spending in this round Cumulative Spending 1 $1,000,000.00 $1,000,000.00 2 $100,000.00 $1,100,000.00 3 $10,000.00 $1,110,000.00 4 $1,000.00 $1,111,000.00 5 $100.00 $1,111,100.00 6 $10.00 $1,111,110.00 7 $1.00 $1,111,111.00 8 $0.10 $1,111,111.10 9 $0.01 $1,111,111.11 10 $0.00 $1,111,111.11 11 $0.00 $1,111,111.11 12 $0.00 $1,111,111.11 13 $0.00 $1,111,111.11 In Class Exercise...
View Full Document

This note was uploaded on 05/01/2010 for the course BUS 5529 taught by Professor Wood during the Spring '10 term at Abilene Christian University.

Page1 / 6

mjb08a_m101_RETURNED (1) - National Income Determination...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online