{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

# N b reductioninoutput a c nincreaseinoutput a d

This preview shows page 1. Sign up to view the full content.

This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: larger effect on output C) he ZZ line to become steeper and a given change in autonomous consumption (c0) to have t a smaller effect on output D) he ZZ line to become flatter and a given change in autonomous consumption (c0) to have t a smaller effect on output 11) n increase in the desire to save by households will cause: A A) o change in investment and no change in output. n B) reduction in output. a C) n increase in output. a D) reduction in investment. a Use the information below to answer the following questions: C = 1000 + .75YD I = 850 G = 2500 T = 1000 12) he equilibrium level of GDP for the above economy equals: T A) 600. 3 B) 350. 4 C) 3400. 1 D) 4400. 1 E) one of the above n 13) ased on our understanding of the model presented in Chapter 3, we know with certainty that B an equal and simultaneous reduction in...
View Full Document

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern