Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (7th Edition)
7th Edition
ISBN: 9780134472669
Author: Blanchard
Publisher: PEARSON
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Question
Chapter 3, Problem 11QAP
a)
To determine
To ascertain:Effect on output level when deficit is reduced.
b)
To determine
To find:Impact on output when G is cut by $100 billion or T increases by $100 billion.
c)
To determine
To know:Impact on mpc due to answer in part (b)
d)
To determine
To check:Validity of argument.
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Chapter 3 Solutions
Macroeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (7th Edition)
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