This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Multiplier Effect of Government PurchasesAssume the government purchases multiplier is 2, real GDP ... (Read 124 times)

tspaw0811

  • Full Member
  • ***
  • Posts: 165
on: Nov 23, 2022
Multiplier Effect of Government Purchases

Assume the government purchases multiplier is 2, real GDP is $423 billion, and potential real GDP is $437 billion. By how much would government purchases need to increase to restore the economy to potential real GDP? (Round to the nearest hundredth when necessary.)
◦ $14 billion
◦ $28 billion
◦ $3.5 billion
◦ $7 billion
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tspaw0811 on Nov 23, 2022

senorfranco

  • Full Member
  • ***
  • Posts: 164
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.
Answer Preview
Only 64% of students answer this correctly


tspaw0811

  • Member
  • Posts: 165
Reply 2 on: Nov 23, 2022
:D TYSM

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Effect of a Black Hole’s Tidal Force on Infalling Matter Effect of a Black Hole’s Tidal Force on Infalling Matter
Effect of Inactivation of the Insula on Reinstatement of Drug-Seeking Behavior in Rats Effect of Inactivation of the Insula on Reinstatement of Drug-Seeking Behavior in Rats
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The Serial Position Effect The Serial Position Effect
A Hall-effect sensor produces a digital on-off voltage signal whether it is used with a blade or a ... A Hall-effect sensor produces a digital on-off voltage signal whether it is used with a blade or a ...
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library