subject
Business, 20.12.2021 15:10 gonzalesalexiaouv1bg

Assume that a hypothetical economy with an MPC of 0.8 is experiencing severe recession. Instructions: In part a, round your answers to 2 decimal places. Enter your answers as positive numbers. In part b, enter your answers as whole numbers. a. By how much would government spending have to rise to shift the aggregate demand curve rightward by $50 billion? How large a tax cut would be needed to achieve the same increase in aggregate demand? b. Determine one possible combination of government spending increases and tax increases that would accomplish the same goal without changing the amount of outstanding debt (i. e., maintaining the budget balance at its current value).

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.
Answers: 1
question
Business, 22.06.2019 01:30
What is an example of a good stock to buy during economic expansion? a) cyclical stock b) defensive stock c) income stock d) bond
Answers: 3
question
Business, 22.06.2019 03:00
If you were running a company, what are at least two things you could do to improve its productivity.
Answers: 1
question
Business, 22.06.2019 07:40
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
You know the right answer?
Assume that a hypothetical economy with an MPC of 0.8 is experiencing severe recession. Instructions...
Questions
question
Mathematics, 25.02.2020 22:20
Questions on the website: 13722367