Equations for C, I, G, and NX Are Given Below

question 306

Multiple Choice

Equations for C, I, G, and NX are given below.If the equilibrium level of GDP is $21,500, what is the marginal propensity to consume? C = 1,500 + (MPC) Y
I = 1,000
G = 2,000
NX = -200

• A)0.67
• B)0.75
• C)0.8
• D)0.9
• E)1

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Definitions:

Unsaturated Fatty Acid

A type of fatty acid with one or more double bonds in the hydrocarbon chain, which can affect the fluidity of cell membranes.

Triglyceride

A type of fat or lipid found in blood, formed from one molecule of glycerol and three fatty acids.

Micelle

An aggregate of surfactant molecules dispersed in a liquid colloid, forming a structure with hydrophobic tails in the center and hydrophilic heads on the outside.

Carbon-carbon Double Bond

A strong chemical bond involving the sharing of two pairs of electrons between two carbon atoms, characterized by its reactivity and presence in unsaturated compounds.