Top Posters
Since Sunday
o
2
1
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
lurielbank lurielbank
wrote...
Go to Answer
Posts: 472
Rep: 9 0
5 years ago

Question 1.

If the government spending multiplier is 5 and government spending decreases by $200 billion, output will ________ by $________ billion.



▸ increase; 200

▸ decrease; 1,000

▸ decrease; 40

▸ decrease; 200

Question 2.

Taxes are reduced by $70 billion and income increases by $280 billion. The value of the tax multiplier is



▸ -4.

▸ -5.

▸ -10.

▸ -20.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 83 times
1 Reply
Replies
Answer verified by a subject expert
crdsacrdsa
wrote...
#1
Posts: 370
Rep: 48 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

lurielbank Author
wrote...

5 years ago
Helped a lot
Alina01978
wrote...

Yesterday
Good timing, thanks!
shelbycox
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  997 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 262
  
 251
  
 343
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Who will win the 2024 president election?