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Hello: I need your help with the following questions: Question 1: . Unemployment rate increased from 3.8% in march of 2020 to 15.3% in April
Hello: I need your help with the following questions:
Question 1:
. Unemployment rate increased from 3.8% in march of 2020 to 15.3% in April of 20. This implies that the GDP growth D a. increased by 4.6 percent D b. decreased by12.2 percent D c. decreased by 28.75 percent. D d. increased by 12.2 percent. In an economy where MPS = .10, the government spends $200 and taxes $100, impact of the policy on the GDP of the economy will be. a. $350 increase in GDP b. $100 increase in GDP c. $1100 increase in GDP d. $2000 increase in GDPThe closed-economy saving identity S = 1 + (G - T) says that an economy's vate saving is used for a. investment, interest expenses, the government budget deficit, and transfer payments. b. investment expenses and the government budget deficit. c. investment expenses, the government budget deficit, and the current account. d. investment expenses and the current account deficitStep by Step Solution
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