If C = 2000 + .9YD, what increase in government spending must occur for equilibrium output to increase by 1000?
A) 100
B) 200
C) 250
D) 500
E) 1000
A
Economics
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One way to assure that poor people will have a plentiful supply of affordable housing available to them is by imposing rent ceilings
Indicate whether the statement is true or false
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Refer to the information above. Which of the following equals the annual growth rate of "effective labor" in the steady state in this economy?
A) 2% B) 3% C) 5% D) 10% E) 15%
Economics