Author Question: Refer to the information provided in Figure 24.5 below to answer the question(s) that follow. Refer ... (Read 26 times)

jazziefee · **on:** Apr 19, 2019

Question 1

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

Refer to Figure 24.5. If the economy is in equilibrium and the government decreases spending by $100 billion, equilibrium aggregate output decreases to $________ billion.

◦ 1,500
◦ 1,400
◦ 1,200
◦ 800

Question 2

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

Refer to Figure 24.5. If the economy is in equilibrium and the government increases taxes by $100 billion, equilibrium aggregate output ________ to $________ billion.

◦ increases; 1,700
◦ decreases; 1,500
◦ decreases; 1,300
◦ decreases; 1,000

DHRUVSHAH · **Reply #1 on:** Apr 19, 2019

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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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