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Author Question: Karl Marx published: a. Das Kapital. b. General Theory of Communism. c. The Wealth of Nations. d. ... (Read 88 times)

folubunmi

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on: Jun 30, 2018
Karl Marx published:
 a. Das Kapital. b. General Theory of Communism.
  c. The Wealth of Nations. d. Capitalist Manifesto.

Question 2

Assume that an economy's real GDP multiplier is 2 and that this economy is in equilibrium at 500 billion. If the government wants to move this economy to full-employment at 600 billion, while maintaining a balanced budget, it must choose which of the following options?
 a. Increase government spending and taxes by 100 billion
  b. Decrease government spending and taxes by 100 billion
  c. Increase government spending and taxes by 200 billion
  d. Decrease government spending and taxes by 200 billion


kingdude89

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


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