ssume taxes increase by $50 and government spending increases by $50. The marginal propensity to consume is 0.75. Explain how GDP is impacted as a result. (Your answer should be a dollar amount and you must show how you arrived at your answer.
the size of bank's reserve ratio and the public's ratio of cask to deposits are the describe of the amount of deposit money and the size of the money multiplier. explain these relationships