help with some multi choice questions (1 Viewer)

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okay so i'm really crap at economics, but i am currently studying really hard.
can someone please help me with the attached ...i'm really not understanding, and i would ask my teacher but yeah, she wasnt here at school today or yesterday....
also i'm sorry if they are really big, but if i make them smaller you can't read them..
thanx again
 
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i can't be bothered to do the calculations questions however what i think for 17 is b (only answer which makes sense as there is increased expenditure.
18 is d
19 is c. (as it indicates that GDP has increased indicating that economic growth has taken place and this seems the only correct answer)

i am not sure if these answers are correct, much appreciated if you can tell me if i am wrong.
 

Haku

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could someone write detail on how to do question 15 and 16.

my eco teacher suk, never seen any of this!!!

someone please do those two questions. thanks
 

azza_3761

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It looks rong but i think 16 is (d) 2 as the graph shos a line 45o (cant see any other reason for the degree measurement) therefore 1/2 for consumption and the multiplier is
k = 1/(1-MPC)
= 1/(1/2)
= 2

Guessing 15 i'd say (a) 3750 as its closest to mi calculation(which i think is rong of 2800) as cos its the odd number out of the lot LOL.
 

Haku

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what is a nations capital stock?
what does net investment include?
is economic growth promoted by capital widening or deepening?
what does capital widening or deepening mean?
what is a few examples of public provision of infrastructure?
 

Haku

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i think for 16 its a), as mpc is 0.8 of income, so mps is 0.2.

k=1/mps=1/0.2=5

am i right?

i still dun get question 15...how about for pages 2, and 3 of the scans...?any answers on those?
 

azza_3761

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nosadness said:
i think for 16 its a), as mpc is 0.8 of income, so mps is 0.2.

k=1/mps=1/0.2=5

am i right?

i still dun get question 15...how about for pages 2, and 3 of the scans...?any answers on those?
Yea sorry thats right so 15 would be 5 * 2,000 = 10,000 which is (b)
 

Haku

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um... i dun think so...i got no idea how my teacher got it, but i asked.

she got 15000....
 

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