Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 25 Oct 2017 My Price 4.00

government expenditures

Suppose the current administration decides to decrease government expenditures as a means to cut the existing government budget deficit.

 

a) According to the aggregate demand and supply analysis, what would be the effect of such a measure in the short run? Describe changes in the inflation rate and output level.

b) What would be the effect on the real interest rate, inflation rate, and output level if the Federal Reserve decides to stabilize the inflation rate?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Oct 2017 04:10 PM My Price 4.00

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