of real GDP if government spending increases by $150? 18. What is the new equilibrium level of real GDP if government spending and taxes both increase by $150? 19. Make a graph showing the spending and tax revenue of your state government for as many years as you can find (use the government of your home country if you are not from the United States). What trends do you

ENGR.ECONOMIC ANALYSIS
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the new equilibrium level of real GDP
if government spending increases by $150?
18. What is the new equilibrium level of real GDP if
government spending and taxes both increase by $150?
19. Make a graph showing the spending and tax revenue
of your state government for as many years as you can
find (use the government of your home country if you
are not from the United States). What trends do you
notice? What spending categories make up the largest
share of the state budget? What are the largest sources
of revenue?
Transcribed Image Text:the new equilibrium level of real GDP if government spending increases by $150? 18. What is the new equilibrium level of real GDP if government spending and taxes both increase by $150? 19. Make a graph showing the spending and tax revenue of your state government for as many years as you can find (use the government of your home country if you are not from the United States). What trends do you notice? What spending categories make up the largest share of the state budget? What are the largest sources of revenue?
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