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Author Question: You are hired by the Bureau of Economic Analogies (BEA) as an economic consultant. The Chairperson ... (Read 95 times)

futuristic

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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 low. The unemployment rate can be increased if aggregate output decreases. He wants to know what policy to pursue to decrease aggregate output by $50 billion. The best estimate he has for the 
MPC is 0.9. Which of the following policies should you recommend?


◦ decrease government spending by $5 billion
◦ decrease government spending by $50 billion
◦ increase taxes by $5 billion
◦ cut taxes by $10 billion and to increase government spending by $5 billion
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by futuristic on Apr 19, 2019

Tabitha_2016

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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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futuristic

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Reply #2 on: Apr 19, 2019
Thank you!


Tabitha_2016

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Reply #3 on: Apr 19, 2019
Always glad to help...


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