ECONOMICS

THREE ECON QUESTION . NEED IT WITHIN 7 HOURS FROM NOW . WITH JUSTIFYING EACH ANSWER

1) Given the following consumption schedule, 

The marginal propensity to consume is 1) ______ A) .5 B) .8 C) .75 D) .6 

  2)

Which of the following is NOT a component of aggregate expenditure? 2) _______ A) government spending B) actual investment spending C) consumption spending D) planned investment spending 

 3)

The ratio of the increase in ________ to the increase in ________ is called the multiplier. 3) ______ A) autonomous expenditure; equilibrium real GDP B) equilibrium nominal GDP; autonomous expenditure C) induced expenditure; equilibrium real GDP D) equilibrium real GDP; autonomous expenditure