If Net Exports Fall $40 Billion,the MPC Is 9/11,and There

question 14

Multiple Choice

If net exports fall $40 billion,the MPC is 9/11,and there is a multiplier effect but no crowding out and no investment accelerator,then

• A)aggregate demand falls by 2 x $40 billion.
• B)aggregate demand falls by 11/2 x $40 billion.
• C)aggregate demand falls by 11/9 x $40 billion.
• D)aggregate demand falls by 9/11 x $40 billion.

---

Definitions:

Ice Cream Flavors

Various unique tastes of ice cream created by altering ingredients and mixtures in its production.

Random Sample

A sample drawn from a population in such a way that every member of the population has an equal chance of being selected.

Sales Data

Information collected about the number of products or services sold in a given time period.

Chi-square Statistic

A measure used in statistics to assess how well an observed distribution matches an expected distribution, used in tests of independence and goodness of fit.