Question: What is wrong with the following table showing the effect on the economy of a one hundred dollar increase in government spending when there is
What is wrong with the following table showing the effect on the economy of a one hundred dollar increase in government spending when there is complete crowding out and MPC is .75? Change in G, I, C, and GDP for 3 Rounds and Total Effect Change G Change I Change C Change GDP Round 1 100 -100 0 0 Round 2 0 0 0 0 Round 3 0 0 0 0 Total 100 -100 0 400 Group of answer choices The positive numbers should be negative and the negative numbers should be positive except that the positive 400 remains positive 400. The total change in C should be 300. All the negative numbers should be positive numbers and all the positive numbers should be negative. The 400 dollar increase in total GDP should be 0
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