Business
Business, 21.07.2019 09:00, Dmgirl123

If the tax multiplier is minus1.5 and a $200 billion tax increase is implemented, what is the change in gdp, holding all else constant? (you may assume the price level stays constant.) a. a $300 billion increase in gdp b. a $300 billion decrease in gdp c. a $133.33 billion decrease in gdp d. a $30 billion increase in gdp e. a $133.33 billion increase in gdp

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Business, 02.08.2019 19:10, Meliiiii
Suppose the government were to increase government purchases by $20 billion without changing the level of net taxes. this would shift the aggregate expenditure line by $ billion. after the multiplier process has run its course, the new level of equilibrium output will be $ billion, implying that the value of the relevant multiplier is . now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. this would shift the aggregate expenditure line by $ billion. after the multiplier process has run its course, the new equilibrium output will be $ billion, implying that the value of the relevant multiplier is . compare your results from the previous questions. for a given magnitude of fiscal policy (in this case, a $20 billion increase in government purchases or a $20 billion decrease in net taxes), the magnitude of the change caused by the increase in government purchases is the magnitude of the change caused by the decrease in taxes. what explains this result
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Business, 07.11.2019 23:31, Jasten
The equilibrium level of gdp is $ nothing billion. the mpc is nothing (enter your response to two decimal places). suppose that net exports increase by $200 billion. using the multiplier formula, determine the new level of gdp. a $200 billion increase in net exports leads to a change in spending of $ nothing billion, so the new level of gdp will be $ nothing billion.
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Business, 13.11.2019 20:31, patdisawsome
Suppose the consumption function is c = $800 billion + 0.9y and the government wants to stimulate the economy. by how much will aggregate demand at current prices shift initially (before multiplier effects) with instructions: enter your responses rounded to the nearest whole number. a. a $60 billion increase in government purchases? $ 60 billion b. a $60 billion tax cut? $ billion c. a $60 billion increase in income transfers? $ billion what will the cumulative ad shift be for d. the increased government spending? $ billion
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