​ *Increased government budget deficits cause crowding out if: 

How much faster does it take for a $10,000 investment to increase to $20,000 if the average annual growth rate is 14% compared to 7%?  

Three Gals Furniture hires ten employees working eight hours each to produce 100 book cases. What is the productivity of these workers?  

If real GDP in a closed economy is $40 billion, consumption is $20 billion, and government purchases are $10 billion, what is investment?

Erie First Furniture hires five employees working eight hours each to produce 80 soccer nets. East Coast Furniture hires ten employees working eight hours each to produce 100 soccer nets. Which company’s workers are more productive?  

Using the following diagram, which shows an aggregate consumption function (cf) for a hypothetical economy. What is the spending multiplier?

Using the following diagram, which shows an aggregate consumption function (cf) for a hypothetical economy, what is the marginal propensity to consume (MPC)?

Ceteris paribus, suppose an economy institutes reforms that reduce government regulations. In this case, the demand for loanable funds shifts _____ and the equilibrium interest rate _____.  

*If the government currently has a budget deficit, then:

If an economy’s GDP will double in 25 years, then its growth rate must be about: