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Answer it correctly please. I ll rate. Answer only if 100% correct. Explain your answer. Question 2 (1 point) Assuming no crowding-out, investment-accelerator, or multiplier
Answer it correctly please. I ll rate. Answer only if 100% correct. Explain your answer.
Question 2 (1 point) Assuming no crowding-out, investment-accelerator, or multiplier effects, how will a $100 billion increase in government expenditures shift aggregate demand? It will shift aggregate demand left by more than $100 billion. It will shift aggregate demand right by less than $100 billion. OIt will shift aggregate demand right by more than $100 billion. It will shift aggregate demand right by $100 billion.Question 1 (1 point) Last year the imaginary country of Wadiya had a population of 10. 6 people worked 8 hours a day, and produced a real GDP of $32,000. The imaginary country of Baklava had a population of 12, 8 people worked 6 hours a day, and produced a real GDP of $38,00. Which of the following is correct? Baklava had the higher productivity and higher real GDP per person. Wadiya had the higher productivity while Baklava had the higher real GDP per person. OWadiya had higher productivity and higher real GDP per person. Baklava had the higher productivity while Wadiya had the higher real GDP per personStep by Step Solution
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