Business, 17.01.2020 00:31 fordalolz1553
In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real gdp and reduce unemployment. if the mpc is 0.6, then it would increase government purchases by:
a. $10 billion.
b. $20 billion.
c. $31.25 billion.
d. $40.50 billion.
Answers: 2
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Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?
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In an economy, the government wants to increase aggregate demand by $50 billion at each price level...
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