In the AD/AS model with an upward sloping SRAS curve, if autonomous net exports decreases by$75 billion and the marginal propensity to consume (MPC) is 0.75, then there is a(n)V[Select]in [Select]by[Select]billion.

at Equilibrium Aggregate demand and aggregate supply are same. and their interaction determines the…

in the AD/AS model with an upward sloping SRAS curve, if autonomous net exports decreases by 575 billion and the marginal propensity to consume (MPC) is 0.75, then there is a(n) [Select] in [Select] by [Select] billion.

in the AD/AS model with an upward sloping SRAS curve, if autonomous net exports decreases by 575 billion and the marginal propensity to consume (MPC) is 0.75, then there is a(n) [Select] in [Select] by [Select] billion.

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter9: Classical Macro Economics And The Self Regulating Economy

Section: Chapter Questions

Problem 3WNG

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Question

In the AD/AS model with an upward sloping SRAS curve, if autonomous net exports decreases by
$75 billion and the marginal propensity to consume (MPC) is 0.75, then there is a(n)
V
[Select]
in [Select]
by
[Select]
billion.

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