Figure 12-3 -Refer to Figure 12-3.Suppose That Investment Spending Increases by $10

question 124

Multiple Choice

Figure 12-3
-Refer to Figure 12-3.Suppose that 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)$9 million
• B)$10 million
• C)$90 million
• D)$100 million

Recognize strategies to combat supply chain issues, such as the bullwhip effect, through inventory and order management.

Understand the significance of different distribution systems for emergency supplies.

Grasp the concepts of capacity utilization in the transportation industry.

Recognize the role of technology in enhancing shipment security.