sakairutgers.edu : INTERMED MA X Final Exam Spring 2019.docx x C Search Textbook Solutions | Cheg x G celtics vs grizzlies box score - Go * + C sakai.rutgers.edu/portal/site/a963270c-7b9b-4d80-94c6-eOcc9c7238d2/tool/bc49dba2-02b3-49c1-9091-c67828560a3f/jsf/delivery/deliverAssessment RUTGERS Sakai Bil Sites Anth Media Gallery (Note: This Problem (Part III) consists of 6 parts (questions), please carefully answer them and follow the instructions provided.) My Media Question 27 of 39 2.0 Points Resources M Sign-up LRAS AS Polls Gradebook Site Members 2 Tests & Quizzes Chat Room AD2 Site Info Help Suppose an expanding in government purchases is adopted to stabilize the economy activities. This economy has potential output $10, and the output in short-run equilibrium is $8. If the experts' estimates indicate mpc of the economy is 0.6, and they think expanding government purchases by $4 is large enough to restore economy's activities back to its potential level. Then the crowding out effect is $ (just write down the number). Mark for Review What's This? 6:30 PM W 2090 3/11/2020 Type here to search O e $ 8 9sakai.rutgers.edu : INTERMED MA x Final Exam Spring 2019.docx X C Search Textbook Solutions | Chec x G celtics vs grizzlies box score - G A sakai.rutgers.edu/portal/site/a963270c-7b9b-4d80-94c6-eOcc9c7238d2/tool/bc49dba2-02b3-49c1-9091-c67828560a3f/jsf/deli RUTGERS Sakai 2) Please analyze your answer in part 1). LRAS AS 2 AD 2 Count Characters Show Rich-Text Editor (and character count)sakairutgers.edu : INTERMED MA X Final Exam Spring 2019.docx x C Search Textbook Solutions | Ches x G celtics vs grizzlies box score - Go x + C sakai.rutgers.edu/portal/site/a963270c-7b9b-4d80-94c6-eOcc9c7238d2/tool/bc49dba2-02b3-49c1-9091-c67828560a3f/jsf/delivery/deliverAssessment RUTGERS Sakai Hisites Question 29 of 39 2.0 Points LRAS AS AD2 3) Ricardian Equivalence indicates mpc is distributed unevenly among people in one economy. If economists of the economy predict that aging problem (.e, the fraction of old people in total population keeps growing every year) will be a major factor affecting labor supply in the future. If current moc is 0.6, then the average mpc of the economy in the future would be (higher, lower or same) than (as) 0.6. Mark for Review What's This? Type here to search O e 9 W 6:31 PM 3/11/2020sakai.rutgers.edu : INTERMED MA X Final Exam Spring 2019.docx x C Search Textbook Solutions | Ches x G celtics vs grizzlies box score - Go x + ( > C sakai.rutgers.edu/portal/site/a963270c-7b9b-4d80-94c6-eOcc9c7238d2/tool/bc49dba2-02b3-49c1-9091-c67828560a3f/jsf/delivery/deliverAsse RUTGERS Sakai 4) Please explain your answer in part 3). TIA LRAS AS AD2 Count Characters Show Rich-Text Editor (and character count) Type here to search 9 WAX Final Exam Spring 2019.docx C Search Textbook Solutions | Ches x G celtics vs grizzlies box score - Go x sakai.rutgers.edu/portal/site/a963270c-7b9b-4d80-94c6-eOcc9c7238d2/tool/bc49dba2-02b3-49c1-9091-c67828560a3f/jsf/delivery/deliverAssessment RUTGERS Sakai Bill sites Anth Question 31 of 39 2.0 Points LRAS AS 2 AD 2 5) The government of this economy can also replace increasing government purchases with cutting payroll taxes, since payroll taxes is affecting both demand and supply side of the economy without significant changes to inflation. However, if mpc is zero, then the inflation of this economy after payroll tax cut is most likely to be (higher, lower or same) than (as) the current inflation. Mark for Review What's This? 32 Type here to search 9 W 6:31 PM O ~94 8/11/2020
