Business, 19.11.2019 06:31, dnsnmcmdmxmx
An economy is described by the following equations: c = 1,500 + 0.9 (y – t)i p = 1000g = 1,500nx = 100t = 1,500y* = 8,800the multiplier for this economy is 10.find the effect on short-run equilibrium output of: a. an increase in government purchases by 100 from 1,500 to 1,600.instruction: enter your response as an integer value. short-run equilibrium output will increase to .b. a decrease in tax collections from 1,500 to 1,400 (leaving government purchases at their original value of 1,500).instruction: enter your response as an integer value. short-run equilibrium output will increase toc. a decrease in planned investment spending by 100 from 1,000 to 900 (leaving government purchases and taxes unchanged at their original values of 1,500).instruction: enter your response as an integer value. short-run equilibrium output will decrease to .
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An economy is described by the following equations: c = 1,500 + 0.9 (y – t)i p = 1000g = 1,500nx = 1...
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