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Suppose we have the following scenario:   Multiplier: 1.2 Tax Rate: 16% Increase in spending: $175 Billion Total Deficit in the previous year: $1 Trillion   Based on the information provided what is the deficit that arises from the increase in spending from the government?

13. OTC dentifrices are designed to remove which type of stains?

If the real deficit is $200 billion, the inflation rate is 5 percent, and total debt is $3 trillion, then the nominal deficit is:

The Zimmerman Telegram was an intercepted communication between Germany and _____________ proposing an alliance during World War I.

Suppose that current inflation is greater than the central bank’s inflation target. The Taylor Rule guides the central bank to do the following:

Refer to the foreign exchange market graph shown below. Suppose the supply curve shifts from S1 to S2 . Why will the market equilibrate to the E2 exchange rate?

Suppose we have the following information for 2008: Potential output: $16 trillion Actual output: $14 trillion Actual Deficit: $ 500 billion Tax Rate: 20%   What is the cyclical deficit in 2008?

The most effective tool used by a labor union in the 1930s was the _____________.

Suppose that in 1969, the U.S. economy was operating close to potential. The budget deficit experienced by the United States in 1969 was:

Suppose we have the following information for 2010: Potential output: $22 trillion Actual output: $20 trillion Actual Deficit: $ 600 billion Tax Rate: 20%   What is the cyclical deficit in 2010? What could be causing the cyclical deficit?