Business, 18.11.2019 23:31 belle200163

Assume that the full-employment level of output is $500 and the price level associated with full-employment output is 100. also assume that the economy's current level of output is $450 and, at the price level of 100, current aggregate demand is $400. if the government wants to move the economy back to the full-employment level of output and the mpc is 0.75, then it should

reduce government purchases by $100.

increase government purchases by $100.

reduce government purchases by $25.

increase government purchases by $25.

7.) assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. also assume that the economy's current level of output is $1,900 and at the price level of 100 current aggregate demand is $1,820. if the government moves the economy back to the full-employment level of output by reducing taxes by $60, then the mpc equals

0.8.

0.75.

0.6.

0.5.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 06:10

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y

Answers: 1

Answer

Business, 22.06.2019 11:00

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

Answers: 1

Answer

Business, 22.06.2019 12:30

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Answers: 1

Answer

Business, 23.06.2019 01:30

What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer

Answers: 2

Answer

You know the right answer?

Assume that the full-employment level of output is $500 and the price level associated with full-emp...

Questions