potiental output is $2500 if that important im not sure. and for current gdp i got 3000 | = 125; G= 75; X= 20; M = 30; a = 110; mpc = .9 4. What would the level of government spending have to be in order for GDP to be at the full employment level?

potiental output is $2500 if that important im not sure. and for current gdp i got 3000 | = 125; G= 75; X= 20; M = 30; a = 110; mpc = .9 4. What would the level of government spending have to be in order for GDP to be at the full employment level?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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potiental output is $2500 if that important im
not sure. and for current gdp i got 3000
| = 125; G = 75; X = 20; M = 30; a = 110; mpc = .9
4. What would the level of government spending have to be in order for GDP to be at the
full employment level?

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