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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 399 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016

Below is the hypothetical economy of Keynesian. Use the graph to answer the questions below. Calculate the difference between the current equilibrium output and potential real GDP and enter it below. What course of action would you suggest the government take reach full employment? Increase government spending. Increase taxes on households. Do nothing. the economy is currently operating at full employment. Decrease government spending.
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