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Author Question: The economy of Bananaland can be characterized by Equation 24.5. EQUATION 24.5: C= 2,000 + 0.75 Yd ... (Read 45 times)

jrubin

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on: Apr 19, 2019

Question 1

If the government spending multiplier is 5 and government spending decreases by $200 billion, output will ________ by $________ billion.


◦ increase; 200
◦ decrease; 1,000
◦ decrease; 40
◦ decrease; 200

Question 2

The economy of Bananaland can be characterized by Equation 24.5.



EQUATION 24.5:




C = 2,000 + 0.75
Yd


T = 200


G = 400


I = 500





Refer to Equation 24.5. The equilibrium level of income in Bananaland is


◦ 4,800.
◦ 5,600.
◦ 10,000.
◦ 11,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jrubin on Apr 19, 2019

kristenb95

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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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jrubin

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

Joy Chen

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Reply 3 on: Yesterday
Excellent

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