An economy Is experiencing a high rate of Inflation. The government wants to reduce consumption by $24 billion to reduce Inflationary pressure. The MPC IS 0.8. By how much should the government ralse taxes achleve Its objective? Multiple Choice $6 billion $19 billion $5 billion $120 billion

Q: Ted's car is now worth $9000, which is 60% of what he paid for it. What did he pay for his car?

A: Present worth is present value or value for now which is calculated after wear and tear,depreciation…

Q: did you get 0.2Y?

A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

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A: The real GDP refers to the total goods and services produced in an economy in a given fiscal…

Q: Make flow chart of type of budget?

A: budget is a estimate expense and income for certain period of time

Q: How to save towards purchasing a home

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Q: The parts where it is written on paper the paragraphs below. Can you please type them as I do not…

A: Budget line shows the relationship between the goods , their prices and the income of consumer.  The…

Q: In a business Finance/Budgeting situation, create a budget for month-long vacation trip to Australia…

A: The technique of controlling one's income and expenses in order to meet financial objectives is…

Q: Calculate the value of savings if APS is 0.45 and income is $1200

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Q: What are some common examples of expenses?

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Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: what are types of saving vehicles

A: Savings is the money left over after subtracting a person's consumption expenses from their…

Q: What important informations are required in evaluations?

A: Evaluation can be understood as a systematic and objective assessment of an ongoing or completed…

Q: You are looking for a car to lease. Your income is $3,000 per month, and you know that you should…

A: Answer: Given, Monthly income = $3,000 20% of income=3000×2010020% of income=600Total money for car…

Q: Offer, acceptance, and consideration are necessary elements of   A.a warranty   B.a…

A:

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: I cannot understand anything written on this paper, would you please be able to type it?

A: This graph is actually showing the relationship between real exchange rate and nominal exchange rate…