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Author Question: You are hired by the Bureau of Economic Analogies (BEA) as an economic consultant. The chairperson ... (Read 39 times)

jace

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on: Apr 19, 2019

You are hired by the Bureau of Economic Analogies (BEA) as an economic consultant. The chairperson of the BEA tells you that he believes the current unemployment rate is too high. The unemployment rate can be reduced if aggregate output increases. He wants to know what policy to pursue to increase aggregate output by $500 billion. The best estimate he has for the 
MPC is 0.75. Which of the following policies should you recommend?


◦ Reduce government spending by $500 billion and reduce taxes by $500 billion.
◦ Increase both government spending and taxes by $500 billion.
◦ Increase government spending by $500 billion and reduce taxes by $500 billion.
◦ None of these
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by jace on Apr 19, 2019

Brummell1998

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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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jace

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

juliaf

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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