58 669
Assignments Done
Successfully Done
In March 2018
Your physics homework can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Our experts will gladly share their knowledge and help you with programming homework. Keep up with the world’s newest programming trends.

Answer on Macroeconomics Question for Rachel

Question #12962
Suppose we add government sector with: T=200+0.25*Y, G=990 where T is taxes (net of treansfers) and G is government spending on goods and services.

a) Is the government running a surplus or a deficit? Explain your answer
b) Explain the reason why the multiplier could decrease in value.
Expert's answer
a) If taxes are bigger then government spandings that government running a
deficit because of decreasing GDP and restricting existing
Otherwise, government running a surplus.

b) multiplier could
decrease because of impact of taxes, when taxes are growing up , GDP is growing
down/ Changing of GDP is decreasing and multiplier in this case could decrease

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question