Question
Given the equation AE = 2000 + .75Y answer the following: If the United States Government was below full employment by 800 how much would
Given the equation AE = 2000 + .75Y answer the following: If the United States Government was below full employment by 800 how much would the government have to increase spending to get to full employment?
increase spending by 250 Billion
increase money supply by $20 - $25 Billion
increase spending by 800 Billion
none of the above are correct
increase spending by 200 Billion
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
