Use the following diagram to answer the next questions
(YOU MUST SHOW CALCUATIONS TO EARN FULL POINTS)
4. Based on the above diagram, the MPC is equal to (3 points)
a. 0.75 d. 0.25
b. 0.4 e. None of the above
c. 0.8
5. Based on the above diagram, the multiplier is equal to (2 points)
a. 1 d. 1.25
b. 4 e. None of the above
c. 5
6. Based on the above diagram, what is the value of unplanned inventories when real GDP is $23 trillion (2 points)
a. -1 trillion c. 4 trillion
b. 1 trillion d. 5 trillion