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88 9only need to answer one or two simple sentences, just write some sentences,and I will get you thumbs. I'm in a hurry, thank you!@or
88 9only need to answer one or two simple sentences, just write some sentences,and I will get you thumbs. I'm in a hurry, thank you!@or just give the ans!
Question 8 2 pts Suppose the existing stock of government debt is $100 billion. The interest rate is 5%. Government purchases are $10 billion, and government transfers another $10 vas.Ims.unimelb.edu.au/courses/102110/quizzes/113615/take billion. Tax revenue is $20 billion. The total deficit is: $0 billion (the budget is balanced) $2.5 billion O $5 billion $10 billion Question 9 2 pts Consider the AD-AS model. Suppose there is an increase in the central bank's inflation target. Which of the following is TRUE? On impact, inflation will rise but short-run output will fall On impact, inflation will rise and real interest rates will rise There is no long-run effect on either output or the nominal interest rate There is no long-run effect on either output or the real interest rateStep by Step Solution
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