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1. In fiscal policy, what are automatic stabilizers? Give two examples. 2.Consider an economy characterized by the following equations -(numbers in billions). (This lump sum
1. In fiscal policy, what are automatic stabilizers? Give two examples. 2.Consider an economy characterized by the following equations -(numbers in billions). (This lump sum tax version is done in detail in TEXT Chapter 10 Appendix) C = 2200 .8(Yd) (Yd = Y- T ) T = 500 I = 600 G = 600 a) What is equilibrium income in this economy? b) What is the multiplier
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State Mineral Enterprises An Investigation Into Their Impact On International Mineral Markets
Authors: Marian Radetzki
1st Edition
1317311345, 9781317311348
