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Author Question: Refer to Figure 16-4.In the graph above, suppose the economy is initially at pointA. The ... (Read 64 times)

bobbie

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Question 1

Figure 16-3












Refer to Figure 16-3. In the graph above, suppose the economy is initially at point A. The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by Congress and the president?


◦ a decrease in income taxes
◦ a decrease in interest rates
◦ a decrease in government purchases
◦ an increase in the money supply

Question 2

Figure 16-4 












Refer to Figure 16-4. In the graph above, suppose the economy is initially at point A. The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by Congress and the president?


◦ an increase in transfer payments
◦ an increase in interest rates
◦ an increase in the marginal income tax rate
◦ an open market purchase of Treasury bills


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Marked as best answer by bobbie on Mar 16, 2019

cassie_ragen

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bobbie

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Reply 2 on: Mar 16, 2019
Gracias!


lkanara2

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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