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MMLU-Pro / 121 / Assume the following model (from the preceding problem). Y = C + I + G C = 100 +…

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question

Assume the following model (from the preceding problem). Y = C + I + G C = 100 + 0.6Y I = 0.2Y - 50i M_D = 0.25Y - 30i M_s = 65 G = 100 whose equilibrium level was found to be 500. Suppose that full employment level of income is 600, so that the desired change is 100. If the money supply is held constant, what change in govern-ment spending will be required to close the deflationary gap?

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stemez-Business

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Source and history

upstream_id / Original problem ID: 121
task_id: 02258550-103e-5c0d-ae7a-bc2cbab71381
task_key: default--test--121
task_revision_id: 1
config / split: default / test

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