I've already answered number 2 and I am having trouble understanding question three so please explain as well! Thanks!!:) For good or ill, various constituencies are concerned with and want the goyernment to resolve various macroeconomic variables.In general, these constituencies are concerned with:Type A: rGDP (Y) and the UnRate (remember Okun's Law). These people want Y to increase and the UnRate to decrease.b. Type B: Net Exports, particularly imports. These people want Net Exports to increase (preferably be positive) and imports todecrease.а.Type C: T – G (the Federal budget balance) and T/Y. These people want a balanced budget or surplus and taxes to be a lowershare of Y.) For Type A:Which policy(s) will achieve their desires? Circle the correct answers.с.а.AllNoneA ILAXTA mpiļA mpc↑Aí »A G†b. Which of the policies that Type A supports will Type B also support? Circle the correct answers.A mpc↑AllNoneA GTAILAX1A mpiļA tfc. Which of the policies that Type A supports will Type C also support? Circle the correct answers.Δ mpctс.AllNoneAX↑A mpiļA GfWhich of the policies will have support of all 3 types?AXTd.A mpiļA mpc†AllNoneA tfA GTAIL

Given, Type A: Increase in GDP(Y) and a decrease in the unemployment rate Type B: Net…

Answered: Which of the policies that Type A…

Which of the policies that Type A supports will Type C also support? Circle the correct answers. A mpct All None Δ AXT A mpiļ Att AGT

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

I've already answered number 2 and I am having trouble understanding question three so please explain as well! Thanks!!:)

For good or ill, various constituencies are concerned with and want the goyernment to resolve various macroeconomic variables.
In general, these constituencies are concerned with:
Type A: rGDP (Y) and the UnRate (remember Okun's Law). These people want Y to increase and the UnRate to decrease.
b. Type B: Net Exports, particularly imports. These people want Net Exports to increase (preferably be positive) and imports to
decrease.
а.
Type C: T – G (the Federal budget balance) and T/Y. These people want a balanced budget or surplus and taxes to be a lower
share of Y.
) For Type A:
Which policy(s) will achieve their desires? Circle the correct answers.
с.
а.
All
None
A IL
AXT
A mpiļ
A mpc↑
Aí »
A G†
b. Which of the policies that Type A supports will Type B also support? Circle the correct answers.
A mpc↑
All
None
A GT
AIL
AX1
A mpiļ
A tf
c. Which of the policies that Type A supports will Type C also support? Circle the correct answers.
Δ mpct
с.
All
None
AX↑
A mpiļ
A Gf
Which of the policies will have support of all 3 types?
AXT
d.
A mpiļ
A mpc†
All
None
A tf
A GT
AIL

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