List pros and cons of government spending. Can government spending be shown on the IS model or the aggregate demand model?

From a spending model perspective, explain the causes of a recession

Expenditures that would exist at a zero level of income are called induced expenditures:  True or False and Please Explain WHY

Our economics have redone their calculations. They now estimate that citizensin our country have an MPC of 0.60. We can fix the problem by decreasing GDP by 250. How much should we increase taxes?

Use the following graph to answer the next question. Price Level AS AD3 AD₂ AD₁ ADO IX Q₁ Real GDP In the diagram, Qf is the full-employment output. If the economy's current aggregate demand curve is AD₁, it would be appropriate for the government to_ reduce government purchases and taxes by equal-size amounts. reduce government purchases or increase taxes. increase government purchases or reduce taxes. reduce unemployment compensation benefits.

What happens to the real GDP if the government increases spending by $50 million and the government multiplier is 1.5?

Using the aggregate demand and supply model shows how a government can manage aggregate demand.

The government spends an additional $926 billion and the marginal propensity to consume is 66%. How much will GDP increase due to this additional government spending? Enter your answer in billions and round to two decimal places.

If the government of country H increases tax rate, tax revenue decreases. Choose a graph which shows the Laffer curve and correctly describes the current status of country H. ° Tax revenue The economy is ° Tax currently at point A revenue The economy is currently at point A ○ Tax revenue The economy is currently point A Tax revenue The economy is currently at point A Tax rate Tax rate Tax rate Tax rate

During a more typical recession spending on services __________ while during this pandemic recession spending on services _____________. Group of answer choices decreases, stayed about the same increases, decreased decreases, increased stays about the same, decreased