6. Fill in the blanks below: Initial Change G 1 C Taxes ↑ M 1X Transfer ayments Initial Amount $30 billion $10 billion $10 billion $10 billion $20 billion MPC .9 .8 .75 .9 Maximum Change $60 billion ↑$200 billion 1$80 billion 1$50 billion Initial Change ↓G TC Taxes ↑ 1 ↑ M ↑ X ↑ Transfer

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Bron
e der
Front
demanč
mer
g?
?
6. Fill in the blanks below:
Initial
Change
G
1 C
Taxes
↑ M
↑X
↑ Transfer
Payments
my at full
Initial
Amount
$30 billion
$10 billion
$10 billion
$10 billion
$20 billion
MPC
F
.9
.8
.75
.9
.9
Maximum
Change
$60 billion
↑$200 billion
1$80 billion
↑$50 billion
3. Draw an economy
Initial
Change
G
TC
Taxes
↑ M
↑ X
↑ Transfer
Payments
H
J
Transcribed Image Text:Bron e der Front demanč mer g? ? 6. Fill in the blanks below: Initial Change G 1 C Taxes ↑ M ↑X ↑ Transfer Payments my at full Initial Amount $30 billion $10 billion $10 billion $10 billion $20 billion MPC F .9 .8 .75 .9 .9 Maximum Change $60 billion ↑$200 billion 1$80 billion ↑$50 billion 3. Draw an economy Initial Change G TC Taxes ↑ M ↑ X ↑ Transfer Payments H J
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