in the island of Microtania, the marginal propensity to consume is 0.80. The government of Microtania is considering a proposal to spend $10 million to upgrade its roads and bridges. How much in aggregate expenditures will this spending generate for the economy?

The host of a game show is holding a bag with chips to see what prizes the contestants will play for. five (5) of the chips say “new car” ten (10) of the chips say “new tv” three (3) of the chips say “trip to france” contestant named “patty” reaches into the bag. a. what is the probability of choosing a tv chip? b. what is the probability of choosing a car chip next without replacing the 1st chip? c. are these dependent or independent events?