Suppose the government, in an effort to avoid an increase in the deficit, votes for a budget neutral tax cut policy. Assume the marginal propensity to consume (MPC) is equal to 0.9 and taxes are cut by $10 billion. Round answers to the nearest billion, and specify decreases as a negative number. By how much will government spending change? change in government spending: $ -10 What is the resulting change in the equilibrium level of real GDP? -100 change in equilibrium level of real GDP: $ Incorrect billion billion.

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Worse than useless Europe's Emissions trading Scheme (ETS) has too many carbon emission permits trading at too low a price. Source: The Economist, January 25, 2014 Under what conditions would the ETS, a cap-and-trade system, reduce carbon emissions to the efficient quantity. Use a graph to illustrate your explanation. Also, show the outcome of issuing too many permits. The efficient quantity of emissions would be produced if the quantity of permits was set such that_ price O A. carbon emissions were eliminated; equal to marginal benefit OB. marginal private cost of electricity equals marginal benefit; above marginal external cost OC. marginal private cost of electricity equals marginal benefit; equal marginal external cost OD. marginal social cost of electricity equals marginal benefit; equal to marginal external cost OE. marginal social cost of electricity equals marginal benefit; below marginal external cost The graph shows the market for electricity production in the European Union…

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Plz solve all parts Asap, i vll give positive feedback and upvote as well.

Do you think the government should have any responsibility in helping workers who will be out of work due to automation? If so, what should the govt do and where would the funding come from?

Question: What is the extra cost imposed by the government which increase the price for a customer is known as?A SubsidyB TaxC InflationD FinePlease Dont use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 30 dislikes for you and more from my friends accounts also.