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Author Question: Multiplier Effects of Transfer Payments and TaxesAssume the tax multiplier is -6.5 and a $400 ... (Read 49 times)

bubba123

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on: Nov 23, 2022
Multiplier Effects of Transfer Payments and Taxes

Assume the tax multiplier is -6.5 and a $400 billion tax increase is implemented. Holding everything else constant including the price level, what is the change in GDP?
◦ a $0.016 billion decrease in GDP
◦ a $2600 billion increase in GDP
◦ a $0.016 billion increase in GDP
◦ a $2600 billion decrease in GDP
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by bubba123 on Nov 23, 2022

bmac98

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Reply #1 on: Nov 23, 2022
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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bubba123

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

diana chang

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

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