potiental output is $2500 if that important im not sure. and for current gdp i got 3000 | = 125; G= 75; X= 20; M = 30; a = 110; mpc = .9 4. What would the level of government spending have to be in order for GDP to be at the full employment level?

potiental output is $2500 if that important im not sure. and for current gdp i got 3000 | = 125; G= 75; X= 20; M = 30; a = 110; mpc = .9 4. What would the level of government spending have to be in order for GDP to be at the full employment level?

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter11: Managing Aggregate Demand: Fiscal Policy

Section11.A: Graphical Treatment Of Taxes And Fiscal Policy

Problem 2TY

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potiental output is $2500 if that important im
not sure. and for current gdp i got 3000
| = 125; G = 75; X = 20; M = 30; a = 110; mpc = .9
4. What would the level of government spending have to be in order for GDP to be at the
full employment level?

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