if-net-exports-decrease-by-50-in-an-economy-with-an-mpc-of-09-what-is-the-expect

Question

If net exports decrease by $50 in an economy with an MPC of 0.9, what is the expected change in GDP?

Accepted Answer

$500 decrease

Answer

$50 decrease

Answer

$550 decrease

Answer

$450 decrease

If net exports decrease by \$50 in an economy with an MPC of 0.9, what is the expected change in GDP?