AD excess equals $40 billion and the MOC equals 0.75 , then the disired fiscal restraint equals .... (a) $160 billion (b) $30 billion (c) $53.33 billion (d) $10 billion

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter17: Long-term Investment Analysis
Section: Chapter Questions
Problem 10E
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If AD excess equals $40 billion and the MOC equals 0.75 , then the disired fiscal restraint equals ....

(a) $160 billion

(b) $30 billion

(c) $53.33 billion

(d) $10 billion

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