D Question 28 0.5 pts An economist for the Ruritania Ministry of Economy recommends a tax cut to households of $20 billion. The country currently has a savings rate of 15%. What is the impact on the economy? O $113.2B $133.3B $144.58 O $119.68D Question 27 0.5 pts An economist for the Ruritania Ministry of Economy recommends a tax cut to households of $20 billion. The country currently has a savings rate of 15%. What kind of gap is being addressed? Recessionary Inflationary O Stagflation FavorableD Question 25 0.5 pts Which scenario results in the greater increase in GDP? Tax cut that results in an MPC of 0.85 The $1.5T increase in spendingD Question 32 0.5 pts The IMF recommends to Brazilian economic authorities a cut in government spending of $66.67 billion or a personal tax increase of $60 billion to take $600 billion out of the economy. What is MPC? O 0.90 O 0.8333 O 0.8 O 0.95D Question 33 0.5 pts National Debt is the accumulation of plus deficits plus interest O bonds plus refinancing O sum total of all private debt O expected future pension and social security obligationsD Question 30 0.5 pts British industry has seen a 10% decline since Brexit and raw material prices have spiked by 15%. The IMF recommends to the UK a corporate tax cut of $20B. MPC is estimated at 0.9. What is the total impact of the tax cut? O $180B $200B O $160B O $220BD Question 31 0.5 pts The IMF recommends to Brazilian economic authorities a cut in government spending of $50 billion or a personal tax increase of $60 billion to take $600 billion out of the economy. What kind of gap is being addressed? Inflationary Recessionary O Stagflation O FavorableD Question 29 0.5 pts British industry has seen a 10% decline since Brexit and raw material prices have spiked by 15%. The IMF recommends to the UK a corporate tax cut of $20B. MPC is estimated at 0.9. What kind of gap is being addressed? Stagflation Inflationary Recessionary OFavorable