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- If inflation rises unexpectedly by 5, would a state government that had recently borrowed money to pay for a new highway benefit or lose?Exercise D24 Compare two policies: a tax cut on income or an increase in government spending on roads and bridges. What are both the short-term and long—term impacts of such policies on the economy?• S = -1250 + 0.4 Y, I= 750 – 1600i | • Ms= 1100, Mt = 0.15Y and Mp = 0.10 Y %3D A. Calculate Y eq, S, I, Mt, Mp and Msp. • B. If the government expenditure increase = 80, calculate the effectiveness of this policy. %3D • C. Draw the graph.
- The cost of rebuilding the Philippines after typhoon Haiyan could reach USD 5.8bn”, a senior official has said. Assume the government of Australia Department of Foreign Affairs and Trade provided a grant of USD 5.8 billion. Also assume that despite the hardships the Philippine families experienced, 15% was the beneficiary savings from the Australian grant. Further, assume all other factors remain constant.a. Calculate the total effect of the spending multiplier of the Australian government grant on the Philippine economy GDP growth. b. Examine the overall multiplier effect of the USD5.8 billion grant on the Philippine economy. Answer asap n correctly with proper typed explanationOnly typed answer and please don't use chatgpt Suppose the tax multiplier in an economy is -3. How will total spending (TS) change when taxes (T) increase by $300? Group of answer choices TS will decrease by $900 TS will decrease by $100 TS will increase by $900 TS will increase by $1003. Suppose the MPC is 0.8. The government wants to decrease Total Spending by $600. How should it change G to achieve this goal? Show your work?
- Interest rate 4% 3% + $50 500 530 0₂ D₁ Savings, investment, government borrowing (millions of dollars) Consider the graph of Nation A which is in recession and in order to increase the economy the government chooses to raise the spending and decides to borrow $ 50 million to construct famous economists statues. Decide which of the given statements is true? a) There will be an increase in investment spending beyond $530 million. b) There will be a decline in investment spending to $480 billion. c) There will be an increase in consumption of $30 million. d) There will be a net change in aggregate spending of 30 million.If the government wants to expand aggregatedemand, it can _________ government purchases or_________ taxes.a. increase; increaseb. increase; decreasec. decrease; increased. decrease; decreasement Score: Lx Give Up? O Hint Check AnswE 53.5% Resources n 5 of 13 Categorize the scenarios as either a discretionary act or the result of automatic stabilizers. a. A recession increases the number of recipients of unemployment benefits. b. A law is enacted that increases government spending on health-care progrims. c. Legislators increase the generosity of unemployment benefits. d. Economic growth increases personal and corporate income, increasing tax payments.
- Iif the MPC= 75, how much of an increase in Government Spending woud take to shit the economy trom the short unguibrumat GOP0OM e long un utrum GOP=144M (l else equal Select one a $22M b $44M C. $0 SM d. $11Ma ssume HPC =0.80 and that taxes are at by64billion goverment purchases are increused by $4billion Accord ing to keynesian analy sis (fiscal policy) How mich will ŘGDPchang e? will it increase or deciease?Please see attachment Answer neatly Show all your work. Based on the above diagram: 1. Calculate MPC? 2. If Private Investment increases by 100, calculate the new level of NI. 3. If full-employment NI is at 3000, by how much should Government spending change? 4. What is the new NI, If 1/2 of those government expenditures are financed through taxes?