Figure 23-3 -Refer to Figure 23-3.Suppose That Government Spending Increases,shifting Up the Increases,shifting

question 202

Multiple Choice

Figure 23-3
-Refer to Figure 23-3.Suppose that government spending increases,shifting up the aggregate expenditure line.GDP increases from GDP1 to GDP2,and this amount is $400 billion.If the MPC is 0.75,then what is the distance between N and L or by how much did government spending change?

• A)$10 billion
• B)$100 billion
• C)$200 billion
• D)$300 billion

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Definitions:

Phenotype

Observable traits in an individual that arise due to the combination of their genetic composition and environmental factors.

Baldness

The lack of hair on the scalp, also known as alopecia, which can be partial or complete.

Color Blindness

A visual impairment where an individual has difficulty distinguishing between certain colors, typically reds, greens, and sometimes blues.

Polygenic Inheritance

A pattern in which many genes all influence a single trait.