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Business, 16.10.2019 02:30 pinkpearl2022

Assume yn =11,600, t=0.2 and g=2610(a) compute the amount of taxes at natural real gdp(b) explain why there is a natural unemployment deficit. computethe amount of the natural employment deficit in terms of bothbillions of dollars and as a percent of natural real gdp.(c) suppose the goal of fiscal policy makers is to reduce the sizeof the natural employment deficit to 1 percent of natural real gdp. compute what the size of teh natural employment deficit must be interms of billions of dollars in order for fiscal policy makers to(d) given no change in the tax rate, compute by how much fiscalpolicy makers must cut government spending in order to accomplishtheir goal.(e) given no change in government spending, compute by how muchfiscal policy makers must increase the tax rate in order to accomplish their goal.(f) given the objective of fiscal policymakers, explain what action monetary policymakers must take for theactions of fiscal policymakers to have no effect on realincome.(g) suppose that private saving increase as the interest ratesincrease. given the fiscal monetary policy mix described in partsc-f, explain whether the national saving increases by an amountthat is larger than, equal to, or less than the decrease in thenatural employment defecit.

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Assume yn =11,600, t=0.2 and g=2610(a) compute the amount of taxes at natural real gdp(b) explain wh...
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