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lurielbank lurielbank
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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:
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crdsacrdsa
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5 years ago
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lurielbank Author
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5 years ago
Thanks for your help!!
Alina01978
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Yesterday
Brilliant ツ
zbmallo3
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2 hours ago
Thank you, thank you, thank you!
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