The peruvian economy can be characterized by the

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Fiscal and Monetary Policies

Question 20   2 / 2 points The Norwegian economy can be characterized by the following equation : C = 100 + 0.8Yd G = 500 T = 200 I = 200 The equilibrium level of output for the Norwegian economy is
 2,850 .
 3,200 .
 4,000 .
 4,800 .
Question 24   2 / 2 points If the government wants to increase employment , government purchases should be ________ and / or taxes should be ________.
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Question 25   2 / 2 points The Prime Minister of Richlandia hires you as an economic consultant . He is concerned that the output level in Richlandia is too low and that this will cause unemployment to rise . He feels that it is necessary to increase output by $ 20 billion . He tells you that the MPC in Richlandia is 0.75 . Which of the following would be the best advice to give to the
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Question 26   2 / 2 points The King of Rococo hires you as an economic consultant . He is concerned that the output level in Rococo is too high and that this will cause prices to rise . He feels that it is necessary to reduce output by $ 100 billion . He tells you that the MPC in Rococo is 0.9 . Which of the following would be the best advice to give to the King of Rococo ?
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Question 2   / 2 28 points
9 
9 . -
5 . -
4 . .
Answer:  9   The value of the tax multiplier is - 10 . -
Question 29   2 / 2 points The economy is at the equilibrium level of output . If government spending decreases by $ 50 billion , the new equilibrium level of output is
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The Peruvian economy can be characterized by the following equation: C = 400 + 0.6Yd Taxes = 600 Equilibrium Output = $4,000 At equilibrium, the sum of investment and government purchases in Peru is2,040.1,560.1,440.cannot be determined from the given information
Question 242 / 2 pointsIf the government wants to increase employment, government purchases should be ________ and/or taxes should be ________.
Question 252 / 2 pointsThe Prime Minister of Richlandia hires you as an economic consultant. He is concerned that the output level in Richlandia is too low and that this will cause unemployment to rise. He feels that it is necessary to increase output by $20 billion. He tells you that the MPC in Richlandia is 0.75. Which of the following would be the best advice to give to the Richlandian Prime
Question 262 / 2 pointsThe King of Rococo hires you as an economic consultant. He is concerned that the output level in Rococo is too high and that this will cause prices to rise. He feels that it is necessary to reduce output by $100 billion. He tells you that the MPC in Rococois 0.9. Which of the following would be the best advice to give to the King of Rococo?
Question 272 / 2 pointsThe equilibrium level of income is$2,000 billion.$3,400 billion.$3,600 billion.$3,800 billion.
Question 282 / 2 points
Question 292 / 2 pointsThe economy is at the equilibrium level of output. If government spending decreases by $50 billion, the new equilibrium level of output is

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