Accomplish the desired outcome, Managerial Economics

Suppose that the present level of income in the economy is $700 billion. It is determined that in order to decrease the unemployment rate to the desired level, it will be essential to increase the level of aggregate income to $760 billion. Suppose that S = -25 + .2Yd. How much would government spending have to be enhanced in order to accomplish the desired outcome? 

Posted Date: 3/25/2013 6:22:16 AM | Location : United States







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