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- What is a fiscal policy tool used to stimulate economic growth during a recession? A. Increasing government spending B. Reducing taxes C. Selling government bonds D. Reducing government spendingWhat are government transfer payments? Are they included as part of the government spending component of GDP?draw a circular flow diagram where income is $200m consumption is $120m, tax/government spending is $50m and there is no international trade Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- To determineThe government expenditure required to retain the full employment level in the economyWhich of the following policy actions wouldunambiguously reduce the supply of loanable fundsand crowd out investment?a. an increase in taxes and a decrease ingovernment spendingb. a decrease in taxes together with an increase ingovernment spendingc. an increase in both taxes and governmentspendingd. a decrease in both taxes and government spending6 T/F/U. To counterbalance a decrease in investment during a recession, governments offer tax credits to increase investment. Draw and label a figure showing why this is or isn't the case.
- "Crowding our causes a net decrease in private sector investment becaune O Foreign bond markets siphon loanable funds out of a nation's domestc quantty of loanabie funds A national govemment has collected more revenues in taes than has spent, and therefore loane the surglus un peors OBanks and other intermediaries have coluded to arficaly create interest ates thut are much highe than the equbriumterest rte A national govermment has spent far more tax money than ha received and needs to ie bonds to pvate citens in order to balance ts budgetDiscuss wether all firms in a country will welcome a change in people’s income.450 Potential GDP C+1+G+X-IM) E T 4,000 5,000 6,000 Real GDP (billions of dollars per year) In Figure 11-1, to achieve equilibrium at potential GDP, the government could ONone of the above is correct. increase government purchases. decrease transfer payments. increase taxes. Real Expenditure
- What is the value of the sensitivity money demand to the level of income? O a. 25 O b. 0.50 O c. 50 O d. 0.65 What is the value of the nominal supply? O a. 500 O b. 1000 O c. 1000/2 O d. 2 Which of the following is an expression representing the IS curve O a. 0.65Y = 2325 - 50i O b. 0.65Y = 2325 + 50i O c. 0.50Y = 500 + 25i O d. 0.35Y = 2325 - 50iWhat are the effect of taxes on saving and consumption of less income people in low income economies.Assume that a three sector economy in country W the amount of autonomous consumption is RM 300 million with the proportion of increase in income that is spent on consumption is 0.5 an induced tax of 20% is amount of government spending is RM 150 million Requirements Caluclate the national income equilibrium