This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Chancellor of the Exchequer is concerned that the level of aggregate demand is too high and that ... (Read 91 times)

pragya sharda

  • Hero Member
  • *****
  • Posts: 566
on: May 25, 2020
The Chancellor of the Exchequer is concerned that the level of aggregate demand is too high and that this will cause inflation. He feels that it is necessary to reduce demand by £5 billion. The mpcd is 8. Which of the following would be the best thing to do?
◦ Increase taxes by £1 billion.
◦ Reduce government spending by £5 billion.
◦ Increase taxes by £5 billion.
◦ Reduce government spending by £1 billion.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by pragya sharda on May 25, 2020

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: May 25, 2020
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 29% of students answer this correctly


pragya sharda

  • Member
  • Posts: 566
Reply 2 on: May 25, 2020
:D TYSM

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative
(a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr (a) With few ticks, moose retain a brown coat; (b) at high numbers of ticks, moose self-groom, destr
Substrate–level phosphorylation. Substrate–level phosphorylation.
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Entry level nurse competencies Entry level nurse competencies
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
Video: Fertilization and Development

For a complete list of videos, visit our video library