During 2007, the inflation rate in the United Kingdom was about 2.1 percent. During that year, the national debt of the United Kingdom was about £502 billion. Discuss the implications of these facts for measuring government revenues in that country during 2007.

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The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.