In the short run Keynesian model to close an expansionary gap of 2 billion

In the short run keynesian model to close an

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119.In the short-run Keynesian model, to close an expansionary gap of $2 billion dollars taxes must be: A. increased by $2 billion.B. decreased by $2 billion.C. increased by more than $2 billion.D. increased by less than $2 billion.
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120.In the short-run Keynesian model, to close an expansionary gap of $10 billion dollars taxes must be:
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121.In the short-run Keynesian model where the marginal propensity to consume is 0.5, to offset a recessionary gap resulting from a $10 billion decrease in autonomous consumption, taxes must be:
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122.In the short-run Keynesian model where the marginal propensity to consume is 0.5, to offset an expansionary gap resulting from a $10 billion increase in autonomous consumption, taxes must be:
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123.In the short-run Keynesian model where the marginal propensity to consume is 0.5, to offset a recessionary gap resulting from a $10 billion decrease in autonomous consumption, transfers must be: A. increased by $10 billion.B. decreased by $10 billion.C. increased by $20 billion.D. decreased by $20 billion.
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124.In the short-run Keynesian model where the marginal propensity to consume is 0.5, to offset an expansionary gap resulting from a $10 billion increase in autonomous consumption, transfers must be:
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125.If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, the MPC equals .9, and potential output (Y*) equals 9,000, then taxes must be increased by ________ (rounded to the nearest whole number) to eliminate any output gap.
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126.If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 5, the MPC equals .8, and potential output (Y*) equals 9,000, then taxes must be increased by ________ to eliminate any output gap.
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127.In the basic Keynesian model a tax cut: A. reduces short-run equilibrium output. B. increases short-run equilibrium output. C. reduces potential output. D. increases potential output.
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128.In the basic Keynesian model a tax increase:
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