If $100 of new autonomous private investment were added to an economy with a marginal propensity to consume of .90, by how much would aggregate demand shift to the right?
With an MPC = .90, M = 10, so increased investment shifts AD $1,000 to the right.
269 MCQ for effective preparation of the test of Macroeconomics of Economics section.
Read the MCQ statement: If $100 of new autonomous private investment were added to an economy with a marginal propensity to consume of .90, by how much would aggregate demand .... ft to the right? , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 200-4210.