This topic contains a solution. Click here to go to the answer

Author Question: If government spending is increased by $500, taxes are reduced by $200, and the MPSis 0.2, ... (Read 101 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539

Question 1

If the tax multiplier is -5.25, then the government purchases multiplier


◦ is 6.25.
◦ is 4.75.
◦ is 0.75.
◦ cannot be determined because the 
MPS is not given.

Question 2

If government spending is increased by $500, taxes are reduced by $200, and the 
MPS is 0.2, equilibrium output will change by


◦ $1,500.
◦ $1,700.
◦ $3,300.
◦ $3,500.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
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 56% of students answer this correctly




kingdude89

  • Sr. Member
  • ****
  • Posts: 336

 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

For a complete list of videos, visit our video library