Business
Business, 09.09.2019 19:20, maxellodom5

If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, and potential output (y*) equals 9,000, then government purchases must to eliminate any output gap.
a. increase by 100
b. decrease by 100
c. increase by 1,000
d. decrease by 1,000

answer
Answers: 2

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If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, and pote...

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