Business, 18.12.2019 04:31, itssergioa
Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $64 billion. four economists agree that expansionary fiscal policy can increase total spending and move the economy out of recession, but they are debating which type of expansionary policy should be used.-economist a believes that the government spending multiplier is 8 and the tax multiplier is 4.
-economist b believes that the government spending multiplier is 4 and the tax multiplier is 2.
-compute the amount the government would have to increase spending to close the output gap according to each economist's belief. then, for each scenario, compute the size of the tax cut that would achieve this same effect. economist c favors tax cuts over increases in government spending. this means that economist c likely believes that: a. a dollar in tax cuts immediately and fully adds to aggregate demand. b. tax cuts induce investment spending and improve workers' incentives. economist d argues that it is not possible to move the economy out of recession by increasing government spending. which of the following statements is consistent with economist d's belief? a. a rise in government spending does not crowd out private sector spending. b. a rise in government spending completely crowds out private sector spending.
Answers: 2
Business, 22.06.2019 04:30, fixianstewart
4. the condition requires that only one of the selected criteria be true for a record to be displayed.
Answers: 1
Business, 22.06.2019 19:50, hdkdkdbx
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
Business, 22.06.2019 21:20, marvinsductant6710
White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x â x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?
Answers: 1
Business, 23.06.2019 01:10, jmiller2446
Snuggables sells microwaveable heat packs online. their sales software collects customer/sales information and shares it with the customer service and sales departments. none of the customer complaints or suggestions reach the product development person, however. which step of the three-step processes for success is snuggables failing to use fully?
Answers: 2
Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $64 bill...
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