Suppose the government enacts a stimulus program composed of $400 billion of new government spending and $200 billion of tax cuts for an economy currently producing a GDP of $14,000 billion. If all of the new spending occurs in the current year and the government expenditure multiplier is 1.8, the expenditure portion of the stimulus package will add percentage points of extra growth to the economy. (Round your response to two decimal places?.)
If the government taxation multiplier is 1.2?, the tax cut portion of the stimulus package will add percentage points of extra growth to the economy.
(Round your response to two decimal places.)
As a result of the stimulus program, the economy's GDP was increased by percentage points over its value without the program.
(Round your response to two decimal places.)
If the economy's actual growth was 33 percent, then without the stimulus package, growth would have been percentage points.
(Round your response to two decimal places and use a minus sign if necessary.)
Solved
Show answers
More tips
- A Art and Culture The History and Characteristics of Jazz Bands: A Deep Dive...
- W Work and Career Can Skill Alone Make You a Professional?...
- F Family and Home Daughter says: If you don t want to do it, don t do it. Should we persuade her?...
- S Science and Technology How to Secure Exam Sessions: Silence Mobile Phones in the Classroom...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- P Philosophy Is Everything We Strive for Eventually Achieved and Destroyed?...
- S Society and Politics Understanding Politics and Its Role in the Development of Civilization...
- P Philosophy Why Did God Create Man and Place Him in Obscurity?...
- S Society and Politics Skoptsy: Who They Are and How They Perform Castration?...
- O Other Childhood Fears: What Many of Us Experienced...
Answers on questions: Business
- B Business The future worth in year 10 of an arithmetic gradient cash flow series for years 1 through 10 is $675,000. if the gradient increase each year, g, is $2500, determine the cash...
- B Business describe the best techniques to find and retain the right people, manage misbehavior, get rid of the incompetents, and create an effective organizational structure and culture...
- B Business In economics, what is meant by optimal decisions are made at the margin?....
- B Biology Hola!! Sera que me pueden ayudar con esto de inglés... Pasar estas oraciones de voz activa a voz pasiva:•Jose finishes the assignment•He painted the portrait•A thief had sent...
- H History The French government gives citizenship to the people of color and the free black people in Haiti because *...
- H History Match the following countries with their alliance: Axis or Allies...
- M Mathematics What is the length and solution...
- M Mathematics What percentage of each shape is shaded? guys someone help please...
- B Biology 6 A student observed an open container filled with soil, decaying plants, and worms. Which of the following is most important to the worms survival? A, Carbon dioxide C. Plastic...
- S Spanish Cuál es la media de estatura?...
Ответ:
thank you for points I will return them to you in 2 days
Ответ:
Explanation:
mooj