Refer to Figure 9.3 for the Following Questions

question 24

Multiple Choice

Refer to Figure 9.3 for the following questions.
Figure 9.3

-Suppose that in Figure 9.3, investment spending increases by $10 million, shifting up the aggregate expenditure line and GDP increases from GDP₁ to GDP₂. If the MPC is 0.9, then what is the change in GDP?

• A)$90 million
• B)$9 million
• C)$10 million
• D)$100 million

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Definitions:

Copernicus

Proposed the heliocentric model of the universe, placing the Sun rather than the Earth at the center.

Biological Evolution

The process through which different kinds of living organisms are thought to have developed from earlier forms during the history of the earth.

Cannibals

Individuals or groups who consume the flesh of their own species, often considered a taboo or controversial behavior in many cultures.

Proscribing Killing

Instituting a prohibition or ban against the act of causing death, typically in the context of laws or moral guidelines.