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The consumption function is C = $800 billion + 0.9YD, where C is consumption spending and YD is disposable income. The government wants to increase output (RGDP) by $40 billion. By how much should they increase government spending?
$44.44 billion
$36 billion
$4 billion
$4.44 billion
q.country economic analysis report country for indiacollect the following data for the most recent year available1
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The concern of an auto insurer that insured drivers will not be as careful is due to the problem of:
The president of the US announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. If the public believes the president's prog..
Calculate the effective interest rate for each compounding frequency shown assuming the annual nominal interest rate = 21.6%.
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