Macroeconomics Problem

Question Description

In the simple expenditure model, assume that equilibrium output falls short of potential output by 300 units and the marginal propensity to consume = 0.8. The size of government expenditure needed to reach full employment is:

75

2 points

QUESTION 40

Again, in the simple expenditure model, assume that equilibrium output falls short of potential output by 300 units and the marginal propensity to consume = 0.8. The size of the tax cut needed to reach full employment is:

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