Question 8 Mark this question If the MPC is 0.5 and the government increases spending by $250 billion, which of the following will be the effect this change has on the economy? The economy will increase by $500 billion. o The economy will increase by $250 billion, The economy will increase by $125 billion O The economy will increase by $350 billion. SAVE AND CONTINUE About Contact Us Privacy srning, LLC. SOPHIA is a registered trademark of SOPHIA Leaming, LLC Question 11 $63,000 $25,000 Cost of Goods Sold Beginning Inventory Add. Purchases Less: Purchase Discounts $2,500 Purchase Returns and Allowances $1.500 Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $21,000 $8,000 Based on the information below, calculate the cost of Goods Purchased. O $38,000 O $29,000 O $34,000 O $25,000 3 4 UT 6 | 7 8 9 10 11 12 13 N Question Question 9 What do the symbols p. o, and u represent? Defined variables Sample statistics O Population parameters O Variables of interest SAVE AND CONTINUE