Question: please include explanation for each question MC Qu. 32-43 (Algo) Suppose that real domestic output in... Suppose that real domestic output in an economy is




















please include explanation for each question




















MC Qu. 32-43 (Algo) Suppose that real domestic output in... Suppose that real domestic output in an economy is 120 units, the quantity of inputs is 50, and the price of each input is $6. The per-unit cost of production in the economy described is 5 points Multiple Choice eBook O $2.50. $25. O $4. O $20.2 MC Qu. 30-46 (Algo) If the marginal propensity to consume... If the marginal propensity to consume is 0.65 then the marginal propensity to save must be 5 points Multiple Choice eBook O 0.35. O O 1.35. O 0.65.3 MC Qu. 32-18 (Algo) If investment increases by... If investment Increases by $5 billion and the economy's MPC Is 0.75, the aggregate demand curve will shift 5 points Multiple Choice eBook O rightward by $20 billion at each price level. O rightward by $5 billion at each price level. O leftward by $20 billion at each price level. O leftward by $15 billion at each price level.4 MC Qu. 31-261 (Algo) If the MPC in an... If the MPC in an economy is 0.9 and aggregate expenditures increase by $4 billion, then equilibrium GDP will increase by 5 points Multiple Choice eBook O $40 billion. O $4.9 billion. O $36 billion. O $4 billion.5 MC Qu. 31-267 (Algo) The marginal propensity to save... The marginal propensity to save is 0.1. Equilibrium GDP will decrease by $60 billion if the aggregate expenditures schedule decreases by 5 points Multiple Choice eBook O $6 billion. O $60 billion. O $54 billion. O $10 billion.6 MC Qu. 30-162 (Algo) If a... If a $200 billion increase in investment spending creates $200 billion of new income in the first round of the multiplier process and $120 billion in the second round, the MPS in the economy is 5 points Multiple Choice eBook O 0.4. O 0.6. 0.2. O 0.3.7 MC Qu. 32-225 (Algo) Suppose that an economy produces... Suppose that an economy produces 2,400 units of output, employing 40 units of input, and the price of the input is $30 per unit. The level of productivity in this economy is 5 points Multiple Choice eBook O 60 O 80. O 70. O 90.8 MC Qu. 30-124 (Algo) If the inflation rate is... If the inflation rate is 6 percent and the real interest rate is 12 percent, the nominal interest rate is 5 points Multiple Choice eBock O 18 percent. O 6 percent. O 0 percent. O 12 percent.MC Qu. 31-93 (Algo) If the multiplier in an... If the multiplier in an economy is 4, a $20 billion increase in net exports will 5 points Multiple Choice eBook O increase GDP by $80 billion. O reduce GDP by $5 billion. O decrease GDP by $80 billion. O increase GDP by $20 billion.10 MC Qu. 32-48 (Algo) An economy is employing... An economy is employing 3 units of capital, 3 units of raw materials, and 2 units of labor to produce its total output of 120 units. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is 5 points Multiple Choice eBook O $0.40. O $8.00. O $0.30. O $0.50.11 MC Qu. 30-166 (Algo) If the marginal propensity to save... If the marginal propensity to save is 0.2 in an economy, a $30 billion rise in investment spending will increase consumption by 5 points Multiple Choice eBook O 120. O 150. O 30. O 5 .12 MC Qu. 31-163 (Algo) If the MPC in an... If the MPC in an economy is 0.8, a $4 billion increase in government spending will ultimately increase consumption by 5 points Multiple Choice EBOOK O $16 billion. O $4 billion. O $0.8 billion. O $20 billion.13 MC Qu. 30-204 (Algo) If disposable income is... If disposable income is $900 billion when the average propensity to consume is 0.9, it can be concluded that saving is 5 points Multiple Choice ebook O $90 billion. O $810 billion. O $900 billion. O $100 billion.14 MC Qu. 32-222 (Algo) Suppose that an economy produces... Suppose that an economy produces 500 units of output. It takes 20 units of labor at $15 a unit and 9 units of capital at $50 a unit to produce this amount of output. The per unit cost of production is 5 points Multiple Choice eBOOK O $1.50. O $0.60. O $3.00. O $0.90.15 MC Qu. 30-149 (Algo) If the MPC is... If the MPC is 0.9 and investment increases by $5 billion, the equilibrium GDP will 5 points Multiple Choice eBock O increase by $50 billion. O increase by $4.5 billion. O decrease by $5.56 billion. O increase by $5.56 billion.16 MC Qu. 31-114 (Algo) Assume the MPC is.... Assume the MPC is 0.8. If government were to Impose $20 billion of new taxes on household income, consumption spending would initially decrease by 5 points Multiple Choice ebook O $16 billion. O $20 billion. O $40 billion. O $4 billion.17 MC Qu. 31-120 (Algo) If a lump-sum income tax... If a lump sum income tax of $35 billion is levied and the MPS is 0.2, the consumption schedule will shift 5 points Multiple Choice eBock O downward by $28 billion. O upward by $28 billion. O downward by $35 billion. O downward by $7 billion.18 MC Qu. 32-226 (Algo) Suppose that an economy produces... Suppose that an economy produces 2,400 units of output, employing 30 units of input, and the price of the input is $20 per unit. The per-unit cost of production is 5 points Multiple Choice ebook O $0.25. O $0.50. O $0.10. O $0.80.19 MC Qu. 32-60 (Algo) The table gives information about the... Real Domestic 5 Input Quantity Output points 100 200 150 300 200 400 eBook The table gives information about the relationship between input quantities and real domestic output in a hypothetical economy. If the price of each input is $4, the per-unit cost of production in the economy is Multiple Choice O $2.00. O $0.50. O $0.20. O $1.50.20 MC Qu. 32-19 (Algo) If investment decreases by... If investment decreases by $70 billion and the economy's MPC is 0.5, the aggregate demand curve will shift 5 points Multiple Choice eBock O leftward by $140 billion at each price level. O rightward by $70 billion at each price level. O rightward by $140 billion at each price level. O leftward by $35 billion at each price level
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