A Addison O New member Apr 27, 2009 #1 If the MPC is .8 and GDP = 8,000 B, a $200 Billion drop in the value of stocks will shift AD left by _________ (assuming no change in the Price Level) A. $200B B. $1T ($1000B) C. $100B D. $5B Thank you in advanced!
If the MPC is .8 and GDP = 8,000 B, a $200 Billion drop in the value of stocks will shift AD left by _________ (assuming no change in the Price Level) A. $200B B. $1T ($1000B) C. $100B D. $5B Thank you in advanced!