subject
Business, 24.04.2020 16:01 kailinaguilar2187

Which of the following statements is incorrect?
A. Given the economy's MPS, a $15 billion reduction in taxes will reduce the equilibrium GDP by more than would a $15 billion increase in government spending.
B. Other things unchanged, a tax reduction of $10 billion will increase the equilibrium GDP by less than $25 billion when the MPS is 0.4.
C. If the MPC is 0.8 and GDP has declined by $40 billion, this was caused by a decline in aggregate expenditures of $8 billion.
D. A government surplus is anti-inflationary; a government deficit is expansionary.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 22.06.2019 11:10
Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.
Answers: 2
question
Business, 22.06.2019 11:40
On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.
Answers: 1
question
Business, 22.06.2019 15:00
Which of the following is least likely to a team solve problems together
Answers: 1
You know the right answer?
Which of the following statements is incorrect?
A. Given the economy's MPS, a $15 billion red...
Questions
question
Mathematics, 12.05.2021 18:30