Fiscal policy actions that are intended to have long-run effects on real GDP attempt to increase ________ through changing ________

The above table has data from the nation of Atlantica. Based on these data, at what point does saving equal zero?

A) None, dissavings is present at all of the above points. B) Between disposable income of $0.0 and $1.8 trillion C) Between disposable income of $4.0 trillion and $5.8 trillion D) Between disposable income of $2.0 trillion and $3.2 trillion E) None, savings is present at all of the above points.

The above figure shows the market for steel ingots. If the market is competitive, and the government institutes a $100 specific tax on steel, then

A) less than the socially optimal quantity of steel is produced. B) the socially optimal quantity of steel of 50 units is produced. C) the socially optimal quantity of steel of 100 units is produced. D) more than the socially optimal quantity of steel is produced.