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Strayer,Devery,Harvard University
Mar-1995 - Mar-2002
Manager Planning
WalMart
Mar-2001 - Feb-2009
The answers for a-c are in the attached document.Â
I need help with d,e, f. Thanks
Suppose the consumption function is C = $500 billion + 0.9Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially (before multiplier effects) withÂ
What will the cumulative AD shift be for?
(d) The increased G?
(e) The tax cut?
(f) The increased transfers?
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