The sum of MPC and MPS equals . (Enter one word for the blank.)

With an MPC of 0.6, the expenditures multiplier will be equal to

Equilibrium occurs at 22 Trillion dollars. The LRAS curve is at 18 T dollars. Full employment of the economy occurs at 18 T dollars. The MPS is equal to .25. Given this information, please answer the following questions. what is the mpc equal to

Government expenditure is more effective in economies when _______- . Fill in the blanks.MPS value is lowDoesn?t depend on MPC and MPS valuesMPC value is lowMPS value is high

If Government (or Investment) spending is increased by $10 with MPC = 0.75 , then the multiplier will be _________. (Assume that no other component in AD depends on income, just the consumption function.)

Which of the following is NOT the profit maximizing condition for the level of workers employed? a. MRP = Wages b. MP = Wages/MR c. MP = MR d. MB = MC