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Author Question: Refer to the information provided in Figure 24.5 below to answer the question(s) that follow. Refer ... (Read 12 times)

laurencescou

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 24.5 below to answer the question(s) that follow.










Refer to Figure 24.5. If the economy is in equilibrium and the government increases taxes by $50 billion, equilibrium aggregate output ________ to $________ billion.


◦ increases; 2,000
◦ decreases; 1,550
◦ decreases; 1,450
◦ decreases; 1,400

Question 2

Refer to the information provided in Figure 24.5 below to answer the question(s) that follow.










Refer to Figure 24.5. If the economy is in equilibrium and the government increases spending by $100 billion and increases taxes by $100 billion, equilibrium aggregate output


◦ does not change.
◦ increases by $100 billion.
◦ increases by less than $100 billion.
◦ increases by more than $100 billion.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by laurencescou on Apr 19, 2019

smrtceo

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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laurencescou

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Reply #2 on: Apr 19, 2019
Thank you!


smrtceo

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Reply #3 on: Apr 19, 2019
Always glad to help...


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