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In the Keynesian-cross model, if the MPC equals 0.
In the Keynesian-cross model, if the MPC equals 0.75, then a $1 billion increase ingovernment spending increases planned expenditures by ______ and increases theequilibrium level of income by ______.A) $1 billion; more than $1 billionB) $0.75 billion; more than $0.75 billionC) $0.75 billion; $0.75 billionD) $1 billion; $1 billion