If Autonomous Consumption Is $5,000,the MPC Is 0

question 205

Multiple Choice

If autonomous consumption is $5,000,the MPC is 0.7,net taxes are $2,000,investment spending is $4,000,and government purchases equal $2,500,and NX = $0,what is equilibrium GDP?

• A) $14,428.6
• B) $33,666.7
• C) $40,800
• D) $43,000
• E) $45,000

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Definitions:

Genes

Segments of DNA located on chromosomes that encode for the synthesis of proteins, influencing traits and characteristics.

Neurogenesis

The process of generating new neurons in the brain, contributing to brain plasticity and function.

Plasticity

The brain's ability to change and adapt as a result of experience by reorganizing itself and forming new neural connections throughout life.

Chromosomes

Structures within cells that carry genes, made from DNA and proteins, and play a crucial role in inheritance and determination of genetic traits.