Statistics homework help
Statistics homework help. A $100 billion decrease in government purchases in an economy, other things constant, would:a.?increase aggregate demand by approximately $400 billion if the marginal propensity to consume were 0.4.b.?increase aggregate demand by $ approximately 200 billion if the marginal propensity to consume were 0.5.c.?increase aggregate demand by approximately $500 billion if the marginal propensity to consume were 0.8d.?decrease aggregate demand by approximately $40 billion if the marginal propensity to consume were 0.4e.?decrease aggregate demand by approximately $300 billion if the marginal propensity to consume were 2/31 points
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