Suppose that out of the original $10000 of government spending, $4280 will be recycled back into purchases of domestically produced goods and services in the second round and $1831.84 is spent in the third round. A) How much is spent in fourth round? $ b) How much is spent in the 5th round? $ c) How much is spent in in the 6th round? d) What will the value of the total aggregate expenditures be after the 10th round in the cycle is completed?

Answer rating: 100% (QA)

Spending factors 428010000 0428 or 428 How much is spent in fourth round183184042878403 How ... View the full answer