Question: Question 10 1 pts If our consumption function is C=0.6DI+30, what is our spending multiplier? O 2.5 O 0.4 O 1.67 O 0.6 Question 11

 Question 10 1 pts If our consumption function is C=0.6DI+30, what

Question 10 1 pts If our consumption function is C=0.6DI+30, what is our spending multiplier? O 2.5 O 0.4 O 1.67 O 0.6 Question 11 1 pts Our spending multiplier is 3. Government spending increases by $200 and investment increases by $300. If consumption and net exports do not change, how much does real GDP (Ye) increase? $1,500 $500 $1,100 $600

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