Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What should the government do to achieve full employment? increase spending by $25 billion reduce spending by $100 billion increase spending by $10 billion reduce spending by $25 billion
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What should the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What percentage of the u. s. population lives in cities? a. 25% b. 50% c. 79% d. 85% e. 100%?
Answers (1)
Came up with an idea, does the company i work for own it?
Answers (1)
If an individual has a high income. Does this make them a wealthy person? Why or why not? Support your answer with one reason
Answers (1)
The Dina Corp. has applied overhead to jobs during the period as follows:Jobs finished and sold$ 46,000Jobs started and in process54,000Jobs finished and unsold100,000The application of overhead has resulted in a $5,600 credit balance in the
Answers (1)
Jewell-rung was a canadian corporation that imported and sold men's clothing wholesale. haddad was a new york corporation that manufactured and sold mens clothing under the
Answers (1)
New Questions in Business
Which of the following should be added to net income in calculating net cash flow from operating activities using the indirect method? A. an increase in inventory B. a decrease in accounts payable C. preferred dividends declared and paid a D.
Answers (1)
What is opportunity cost? Question 14 options: The principal in an investment account The value of your investment opportunity when it's compared with all the other investments you made in the past.
Answers (1)
Omega Corp. has entered into a transaction with Lively Inc. Omega Corp will give its equipment to Lively Inc. in exchange for Lively's equipment. Omega Corp will also pay Lively Inc. $30,000 cash.
Answers (1)
Deployment Specialists pays a current (annual) dividend of $1.00 and is expected to grow at 20% for 2 years and then at 4% thereafter. If the required return for Deployment Specialists is 8.5%, what is the intrinsic value of its stock?
Answers (1)
a price ceiling is a. often imposed on markets in which ""cutthroat competition"" would prevail without a price ceiling. b. a legal maximum on the price at which a good can be sold. c.
Answers (1)