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If the MPS in an economy is 0.25, government could shift the aggregate demand curve leftward by $60 billion by
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- If the MPS in an economy is 0.1, government could shift the aggregate demand curve rightward by $30 billion byIf the MPS in an economy is .4, government could shift the aggregate demand curve leftward by $50 billion by: reducing government expenditures by $125 billion. reducing government expenditures by $20 billion. increasing taxes by $50 billion. increasing taxes by $250 billion.If the MPS in an economy is 0.25, government could shift the aggregate demand curve leftward by $60 billion by Multiple Choice reducing government expenditures by $15 billion. reducing government expenditures by $240 billion. increasing taxes by $60 billion.
- If the MPS in an economy is 0.43, government could shift the aggregate demand curve rightward by $40 billion by increasing government spending by _____ billion dollars.If the MPC in an economy is 0.6, government could shift the aggregate demand curve rightward by $30 billion by Multiple Choice decreasing taxes by $20 billion. increasing government spending by $20 billion. increasing government spending by $18 billion. decreasing taxes by $30 billion.If the MPC in an economy is .8, government could shift the aggregate demand curve rightward by $100 billion by: increasing government spending by $25 billion. increasing government spending by $80 billion. decreasing taxes by $25 billion. decreasing taxes by $100 billion.
- If the MPC in an economy is 0.75, government could shift the aggregate demand curve leftward by $30 billion byIf the MPC in an economy is .8, the increase in real GDP can occur (aggregate demand curve can shift rightward) by $100 billion by doing which of the following: Group of answer choices increasing government spending by $80 billion. increasing government spending by $25 billion. increasing government spending by $20 billion increasing taxes by $25 billion.If the MPC in an economy is 0.80, government could shift the aggregate demand curve leftward by $48 billion by Multiple Choice *increasing taxes by $12 billion *Reducing government expenditures by $4 billion *Increasing taxes by $9.6 billion *reducing government expenditures by $48 billion.
- An economist who claims that an increase in government spending would result mainly in a higher price level believes the economy is operating where the Group of answer choices aggregate supply curve is steep. MPC is small. aggregate supply curve is flat. MPC is large.Consider an economy that is operating below the full-employment level of real GDP. What would be the effect of an increase in government spending on aggregate demand and real GDP?If the MPS in an economy is .2 government could shift the aggregate demand curve leftward by $20 billion by A. reducing government expenditures by $4 billion B. reducing government expenditures by $100 billion C increasing taxes by $20 billion D. increasing taxes by $200 billion