Suppose Real GDP Increases from $13 Trillion to $14 Trillion

question 174

Multiple Choice

Suppose real GDP increases from $13 trillion to $14 trillion. Consequently, consumption expenditure increases from $13 trillion to $13.75 trillion. This result implies the MPS equals

• A) 0.75.
• B) 0.25.
• C) 0.
• D) some amount that cannot be determined without more information.

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A B vitamin important for cell growth, DNA synthesis, and the prevention of certain birth defects.

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A fat-soluble vitamin important for vision, immune system function, and cell growth.