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

Author Question: The leader of Atlantis hires you as an economic consultant. He is concerned that the output level in ... (Read 39 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by asd123 on Apr 19, 2019

JYan

  • Sr. Member
  • ****
  • Posts: 331
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.
Answer Preview
Only 29% of students answer this correctly


asd123

  • Member
  • Posts: 557
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
World Mean Sea-Level Temperatures in January World Mean Sea-Level Temperatures in January
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Ramey's study, children from poverty-level families IQ experiment Ramey's study, children from poverty-level families IQ experiment
economic question economic question
Video: Brain Anatomy Animation (Part 1 of 2)

For a complete list of videos, visit our video library