subject
Business, 02.01.2020 22:31 jdbessix3567

Suppose that aggregate demand is expressed as ad = c(y - ta) + 1 + g. a) in the context of the keynesian cross show what happens to aggregate demand when government expenditures increase. b) express the change in income from part (a) algebraically.. c) now suppose instead of raising expenditures as in part (a), the government decides to raise taxes. show the effect of this policy using the keynesian cross. d) express the change in income algebraically. e) now suppose that the government raises expenditures and taxes by the same amount. express the change in income algebraically. explain your result.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:30
When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations
Answers: 2
question
Business, 22.06.2019 17:30
What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
Answers: 1
question
Business, 22.06.2019 23:00
You cannot make copies of media, even as a personal backup, without violating copyright. true
Answers: 3
question
Business, 23.06.2019 03:10
What two categories do strategic choices fall within? a. generic business strategies and cost leadership strategies b. business-level strategies and corporate-level strategies c. cost leadership strategies and corporate-level strategies d. diversification strategies and leadership strategies e. pricing strategies and cost-leadership strategies
Answers: 1
You know the right answer?
Suppose that aggregate demand is expressed as ad = c(y - ta) + 1 + g. a) in the context of the keyne...
Questions
question
Mathematics, 29.04.2021 20:00
question
Mathematics, 29.04.2021 20:00
question
Mathematics, 29.04.2021 20:00
question
Mathematics, 29.04.2021 20:00
question
Mathematics, 29.04.2021 20:00
Questions on the website: 13722367