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Please answer asap with all steps for all questions, even for the ones i got right. thanks!! The table below shows the effect of changes
Please answer asap with all steps for all questions, even for the ones i got right. thanks!!
The table below shows the effect of changes in various economic variables in the countries of Beckland and Heineken. Beckland Heineken For every $10 million change in money supply For every 1 percentage point change in interest rates Interest rates change by 1 percentage point. Investment spending and net exports change by a total of $20 million. Interest rates change by 2 percentage points. Investment spending and net exports change by a total of $10 million. For every $10 million change in expenditures For every $10 million change in aggregate demand What is the effect of an increase of $10 million in money supply on the price level and the level of real GDP in each country? Aggregate demand changes by $30 million. The price index changes by 1.5 point and real GDP changes by $6 million. Beckland price change: llncreasesl o by 9 0 points. Beckland GDP change: 0 by $ |:| millions. Heineken price change: 0 by |:| points. Round your price to 1 decimal place. Heineken GDP change: 0 by $ millions. Aggregate demand changes by $30 million. The price index changes by 2 points and real GDP changes by $5 millionStep by Step Solution
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