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Author Question: The leader of Atlantis hires you as an economic consultant. He is concerned that the output level in ... (Read 48 times)

asd123

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on: Apr 19, 2019

The leader of Atlantis hires you as an economic consultant. He is concerned that the output level in Atlantis is too low and that this will cause prices to fall. He feels that it is necessary to increase output by $200 billion. He tells you that the 
MPC in Atlantis is 0.8. Which of the following would be the best advice to give to the Atlantis president?


◦ reduce government spending by $100 billion
◦ decease taxes by $50 billion
◦ increase government spending by $200 billion
◦ increase government spending by $100 billion
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by asd123 on Apr 19, 2019

JYan

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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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asd123

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Excellent

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