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Suppose there is an icnrease in budget defecit what happens to intrest rates, goverment spedning,a nd antional savings ?
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- A challenger presidential candidate vows to cutentitlement spending by 20 percent in the first fewweeks that he is in office. Why is it unlikely thecandidate could achieve this reduction?Government spending on health care has been A) shrinking as a share of government spending. B) rising as a share of government spending. C) rising and falling from year to year as various illnesses hit the population.D) falling then rising as a share of government spending. E) steady as a share of government spending. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Agricultural price supports result in governments holding large inventories of agricultural products. Why do you think the government cannot simply give the products away to poor people?
- If inflation rises unexpectedly by 5, would a state government that had recently borrowed money to pay for a new highway benefit or lose?Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on roads and bridges. What are both the short-term and long—term impacts of such policies on the economy?An increase in..........will increasesupplySelect one:O a. TaxesO b. Income of consumers.SubsidiesO dd. Number of consumers
- Which of the following makes up the largest sliceof the budgetary pie?a. defense expendituresb. income security expendituresc. foreign aid expendituresd. domestic policy expenditures other than for incomesecuritye. interest expendituresC= 250+ 0.8Y I= 150 G=300 TR= 100 NX=100 t= 0.25 Q) Find the equilibrium level of income Q) suppose, Beacuse of the current COVID 19 situation C falls to 50, MPS falls to. 05, I falls to 10 G falls to 100 and NX falls to 10.how much TR should the government increase to have the samd Level of equilibrium income as in part i)?c = 400 + .60yd I = 200 Ytarget = 1875 a. calculate equilibrium disposable income for the one and two sector models b. calcualte the multipler c. what levels of government spending would be necessary to achieve the target level of income?
- i will 10 upvotes no chatgpt urgentWhat is the relative importance of government spending (G) in aggreagte demand and some factors that affect it?A change in a fixed tax willcause the consumptionschedule toa. become steeper.b. become flatter.c. shift in aparallel manner.d. remain fixed as theeconomy moves along theschedule.Give answer with explanation