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 137 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

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
This illustration shows the decibel level in various locations and associated with different ... This illustration shows the decibel level in various locations and associated with different ...
HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ... HIV-positive men with a high number of life stressors progress more quickly to AIDS than those with ...
Examples of Basic-Level, Subordinate, and Superordinate Concepts Examples of Basic-Level, Subordinate, and Superordinate Concepts
The gap between the projected level of greenhouse gas emissions The gap between the projected level of greenhouse gas emissions
A Drug’s Plateau Level A Drug’s Plateau Level
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library