1\/ What does the paradox of thrift suggest would happen to output, income, and long-run savings if people increased their MPS in preparation for a recession?<\/p>
<\/p>
2\/ Explain why a $100 reduction in taxes does not have the same impact on output and employment as a $100 increase in government spending.<\/p>
<\/p>
3\/ Explain how injections and withdrawals into an economy affect its income and output<\/p>
<\/p>
4\/ Explain how imports and exports affect aggregate demand.<\/p>
<\/p>
5\/ Provide and explain some factors that will shift the long-run aggregate supply curve.<\/p>", "transcribed_text": "", "related_book": { "title": "International Marketing And Export Management", "isbn": "1292016922, 978-1292016924", "edition": "8th Edition", "authors": "Gerald Albaum , Alexander Josiassen , Edwin Duerr", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/652ce9c2c4de0_70261.jpg", "uri": "\/textbooks\/international-marketing-and-export-management-8th-edition-9781292016924", "see_more_uri": "" }, "free_related_book": { "isbn": "0815341369", "uri": "\/textbooks\/mathematics-for-biological-scientists-1st-edition-9780815341369", "name": "Mathematics For Biological Scientists", "edition": "1st Edition" }, "question_posted": "2024-06-12 15:10:38", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/following-with-the-same-data-as-in-exercise-6-plot", "description": "Following with the same data as in Exercise 6, plot the realized values against the forecasts and run a regression such as yt+1 = 0 + 1 ft,1 + ut+1 where y+1 is the realized GDP growth and ft,1 is...", "stars": 3 }, { "url": "\/on-january-1-2014-pat-company-purchased-90-of-the", "description": "On January 1, 2014, Pat Company purchased 90% of the outstanding common stock of Solo Company for $236,000 cash. 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