Macro Calculations

If MPC = 0.5, what is the Keynesian Multiplier (k)?

• 0.5

• 2

• 3

• 5

 If the MPC in an economy is 0.75, calculate the expected change in real GDP, given an increase in investment spending of $100 million.

• $25 million

• $100 million

• $175 million

• $400 million

If MPS + MPM + MPT is 0.80. Calculate the Keynesian Multiplier (k)

• 0.8

• 1

• 1.25

• 5

Country X has nominal GDP of $1.7 trillion, and inflation is currently at 5%. Calculate real GDP

• $1,79 trillion

• $1,62 trillion

• $34 trillion

• $850 million

Calculate GDP using the expenditure method

• $120 billion

• $95 billion

• $100 billion

• $90 billion

Assume GDP is $120 billion, and consider the information shown. What would GNI be?

• $120 billion

• $132 billion

• $130 billion

• $110 billion

Real GDP in country Y was as follows: $980 billion in 2022, and $1048.6 billion in 2023. Calculate economic growth between 2022 and 2023

• 5%

• 6%

• 7%

• 8%

Person X, a resident of Cambodia, earns 6,200,000 riel per month. What is their marginal tax rate?

• 5%

• 10%

• 15%

• 20%

Person X, a resident of Cambodia, earns 6,200,000 riel per month. Calculate their average tax rate.

• 7.18%

• 7.98%

• 10%

• 11.46%

Calculate the unemployment rate in Burundi in 2019

• 0.65%

• 6.5%

• 42.68%

• 1.5%