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the following questions given the information below. Co = 60, G = 330, T = 240, I = 100, X = 60, M = 75,

the following questions given the information below. Co = 60, G = 330, T = 240, I = 100, X = 60, M = 75, b = mpc = .95 and t =.1, the actual unemployment rate = 3.8%, and the natural unemployment rate is 4.7%. 76. What is the desired percentage change in the actual unemployment rate? a. - 0.8% b. - 0.7% c. - 0.6% d. - 0.5% e. - 0.4% 77. What does Okun's Law tell us to do? a. decrease Y by 2.6% b. decrease Y by 2.4% c. decrease Y by 1.8% d. decrease Y by 1.0% e. decrease Y by 0.8% 78. In order to achieve full employment, how many dollars must Y decrease? a. - $ 17.50 b. - $ 19.0) c. - $ 22.59 d. - $ 28.09 e. - $ 30.66 79. Achieve the desired decrease in Y by using G. The change in G should be $____ ___________. a. - $ 4.13 b. - $ 4.45 c. - $ 4.88 d. - $ 5.30 e. - $ 5.98 80. Achieve the desired decrease in Y by using T. The change in T should be $ a. -$ 3.32 b. -$ 3.72 c. -$ 4.26 d. -$ 4.68 e. -$ 5.32

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