Business, 19.12.2019 02:31, genyjoannerubiera
Suppose that real gdp is currently $ 13.8 trillion and potential real gdp is $ 14.0 trillion, or a gap of $ 200 billion. the government purchases, multiplier is 5.0, and the tax multiplier is 4.0
holding other factors constant, by how much will government purchases need to be increased to bring the economy to equilibrium at potential gdp?
1.government spending will need to be increased by $ billion (enter your response rounded to the nearest whole number).
2. holding other factors constant, by how much will taxes have to be cut to bring the economy to equilibrium at potential gdp?
taxes will need to be cut by $ billion (enter your response rounded to the nearest whole number).
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 17:20, dixks
The following extract was taken from the worksheet of special events bakers for the year 2019. special events bakers worksheet december 31, 2019 account names cash equipment accumulated depreciation minus− equipment unadjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 8 comma 500$8,500 adjusted trial balance debit credit $ 6 comma 800$6,800 15 comma 20015,200 $ 10 comma 000$10,000 for the above information, determine the amount of depreciation expense for the equipment used in the business
Answers: 3
Business, 22.06.2019 13:50, tinasidell1972
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
Business, 22.06.2019 21:20, haileymaree
1. what are the unique operational challenges to delivering fresh meals? 2. why is speed of delivery so important for delivered meals? what variety of options contribute to this performance metric? 3. how could operations management concepts be utilized to improve the performance of freshly? 4. what are your typical product delivery times? what would be required to speed these up? 5. what are your delivery batch quantities? how could you reduce batch size and reduce delivery cost simultaneously using operations management concepts?
Answers: 2
Business, 22.06.2019 23:10, najsha
Which of the following best explains the purpose of a strike? a. to pressure employers to increase the minimum wage. b. to make sure that producers don't make any profit. c. to get employers to submit to collective bargaining. d. to prevent employers from taking industrial action.
Answers: 2
Do you know the correct answer?
Suppose that real gdp is currently $ 13.8 trillion and potential real gdp is $ 14.0 trillion, or a g...
Questions in other subjects:
Chemistry, 19.03.2020 23:33
Mathematics, 19.03.2020 23:33
Mathematics, 19.03.2020 23:33
Geography, 19.03.2020 23:33
Mathematics, 19.03.2020 23:34
