Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
12th Edition
ISBN: 9780134078779
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 24, Problem 1.2P

Subpart (a):

To determine

Forecasting the economy condition.

Subpart (b):

To determine

GDP level.

Subpart (c):

To determine

Effect of cutting government purchases in the economy.

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