Question: Assume that MPC = 0 . 8 0 0 . 8 0 , consider the following. Part 2 a . If government expenditures rise by

Assume that MPC=
0.800.80,
consider the following.
Part 2
a. If government expenditures rise by
$22
billion, calculate by how much the aggregate expenditure curve will shift upward.
$enter your response here
billion.
0.750.75
when answering the following questions.
Part 2
a. If government expenditures rise by
$1.501.50
billion, calculate how much the aggregate expenditure curve will shift upward.
$enter your response here
billion. (Enter your response rounded to two decimal places.)
Calculate the change in equilibrium real GDP per year.
$enter your response here
billion.
(Enter your response rounded to two decimal places.)

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