Assume an open, mixed economy. that is, foreign trade is part of the economy, and the economy includes both a public (government) and a private (consumers and businesses) sector. given this, aggregate demand is expressed as (c i g x). assume the mpc is .7. assume a stimulus package of $100 billion has been approved by congress and the money has been spent. in order to pay for those expenditures, congress also approved a $100 billion increase in individual income taxes. (this means congress would not allow deficit spending in order to stimulate the economy.) will these actions by congress expand or contract the economy or are they just useless actions

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?