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Please HElp Question 47 5 pts If the MPC is 0.64 and taxes increase by $1,738, holding all else constant, real GDP will change by
Please HElp
Question 47 5 pts If the MPC is 0.64 and taxes increase by $1,738, holding all else constant, real GDP will change by _____ according to the multiplier effect. Please round to 2 decimal places. Be sure to include a negative sign H if it is a decrease and do not include a dollar sign ($) when answering. Question 48 5 pts Assume a government starts with zero debt. This government then runs an annual decit for 8 years of $2,776. At the end of those 8 years, what would be amount of the government debt? Please round to 2 decimal places if needed. Be sure to include a negative sign H if it is a decrease and do not include a dollar sign ($3 when answering. Question 49 5 pts Assume a government has $26,015 in tax revenues and $46,514 in total government spending. What is the value of the annual budget balance? Please round to 2 decimal places if needed. Be sure to include a negative sign H if it is a decrease and do not include a dollar sign ($3 when answeringStep by Step Solution
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