The recession began to wind down in late 2001 mainly

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244.The recession began to wind down in late 2001 mainly because of an increase in:A)tax rates on capital gains.B)consumer spending on durable goods, especially automobiles.C)consumer spending on nondurables, especially gasoline and clothing.D)consumer savings.
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245.In the last quarter of 2001, when consumer spending was ending the recession, GDP growth was slow at first because:
246.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. What is the consumption function?
247.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. How much is consumption?
248.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. How much is planned aggregate expenditure?A)$7 100B)$6 400C)$8 000D)$700
249.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. How much is unplanned inventory investment?
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expenditure equilibrium, firms will tend to:
251.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. If real GDP is $3 000, planned aggregate expenditure is:
252.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. If real GDP is $3 000, how much is unplanned inventory investment?A)$0B)$600C)$100D)–$100
253.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. Income–expenditure equilibrium is achieved when GDP is:
254.Real GDP is $8 000, autonomous consumption is $500, and planned investment spending is $200. The marginal propensity to consume is 0.8. The multiplier is:
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Use the following to answer questions 255-258:

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