Fill in the blanks in the table below. Assume that the MPC is constant over everyone in the economy.
Fill in the blanks in the table below. Assume that the MPC is constant over everyone in the economy.
MPC Sp. Multiplier Change in Gov. Spending Change in income
? 10 100 ?
? 2.5 ? -500
0.5 ? 225 ?
0.2 ? ? 1000