i need serious help with this econ problem, can anyone help me?
Thread Starter
AudiWorld Member
Joined: Jul 2001
Posts: 568
Likes: 0
i need serious help with this econ problem, can anyone help me?
the marginal propencity to consume is 0.8 and real national income is in equilibrium at $5 trillion. if there is an autonomous increase in net exports of $0.5 trillion, the new equilibrium level of real national income is ...
the answer is $7.5 trillion but i dont know how to get that
got a test in an hour on this stuff.tia
the answer is $7.5 trillion but i dont know how to get that
got a test in an hour on this stuff.tia
Elder Member
Joined: Aug 2000
Posts: 13,790
Likes: 0
Check this out.
This does a pretty good job of explaining the multiplying effect of an infusion of income.
<a href="http://www.j-bradford-delong.net/multimedia/Multiplier_Steps.html" target="_new">Stepping through the multiplier</a>
<a href="http://www.j-bradford-delong.net/multimedia/Multiplier_Steps.html" target="_new">Stepping through the multiplier</a>
Trending Topics
AudiWorld Stories
Bringing Audi to Life for Audi Fans
10 Strangest Audi Designs That Actually Made Production
Joe Kucinski
2027 Audi Q7 and SQ7: Audi Upgraded EVERYTHING!
Michael S. Palmer
Audi Unveils Absurdly Cool New Supercar: 10 Things You Need to Know!
Verdad Gallardo
The Highs & Lows of Every Audi C-Class Generation
Joe Kucinski
Top 10 Most Expensive Audis Ever Sold on Bring-A-Trailer
Brett Foote
10 Audi Features & Options We Miss the Most!
Joe Kucinski
Audi Recreates Crazy-Looking Speed Record Breaker From 1935
Verdad Gallardo
Coachbuilder Recreates the 1995 Audi TTS Concept
Verdad Gallardo
Every Audi V10 Car Ranked!
Joe Kucinski
Thread
Thread Starter
Forum
Replies
Last Post
WindyCityS4
Chicago Discussion
6
Feb 28, 2007 04:24 PM
Josh@StatusRacing
S4 / RS4 (B5 Platform) Discussion
28
Nov 11, 2003 03:05 PM
WetA4
A4 (B5 Platform) Discussion
1
Jul 13, 2001 02:42 PM