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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 32 times)

littleanan

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on: Apr 19, 2019

Question 1

If the tax multiplier is -12 and taxes are increased by $6 billion, output


◦ falls by $2 billion.
◦ falls by $72 billion.
◦ increases by $2 billion.
◦ increases by $72 billion.

Question 2

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










Refer to Figure 24.5. Which of the following equations best represents the aggregate expenditure function?


◦ AE = 1,600 + 0.4
Y
◦ AE = 400+ 0.75
Y
◦ AE = 1,200 + 0.8
Y
◦ AE = 1,000 + 0.5
Y
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by littleanan on Apr 19, 2019

Andromeda18

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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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littleanan

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

pangili4

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Reply 3 on: Yesterday
:D TYSM

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