Assume that daniel makes $40,000 a year. his employer gave him a $10,000 a year raise. daniel’s spending increased from $35,000 to $42,500. what is

Assume that daniel makes $40,000 a year. his employer gave him a $10,000 a year raise. daniel’s spending increased from $35,000 to $42,500. what is daniel’s mpc? explain. (in other words, show the math) based on your answer in part a, if congress increased spending by $5 billion, how is gdp impacted? (hint: recall that “how” means “how and why”)