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If real GDP equal 100 billion potential output equals 160 billion and the marginal propensity to cosume 0.75 what is the change necessary to close a gap?
Wiki User
∙ 12y ago
um, i think its 450,000,000.00 but, that's just multiplying the mpc .75 , by the real GDP gap which is 60,000,000,000.00. i have no idea
Wiki User
∙ 12y ago
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What is 500 percent of 9 billion?
500% of 9 Billion would be: 9 Billion (100% of 9 Billion) + 9 Billion (200% of 9 Billion) + 9 Billion (300% of 9 Billion) + 9 Billion (400% of 9 Billion) + 9 Billion (500% of 9 Billion) = 45 Billion.
