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If we have a fixed price level and the marginal propensity to consume is 0.8, and the GDP gap is 100, to get to full employment, the government should increase expenditures by how much? Indicate to the nearest whole number. 

What is the value of the dollar in year 4? Round to the nearest hundredth of a dollar (e.g., 0.65). Value of dollar.PNG  

Which of these examples use money as a medium of exchange? Check all that apply.

The crowding-out effect means that

In the accompanying table for a particular country, C is consumption expenditures, Ig is gross investment expenditures, G is government expenditures, X is exports, and M is imports. If the equilibrium price level is 116, what is real GDP? Exam 3 Big Table(1).PNG  

Given the graphs, where 1 is the initial situation and 2 is the change, which scenario(s) show cost-push inflation? Check all that apply.  EXAM 3 three graphs(1).PNG 

Which of the following are true about discretionary fiscal policy? 

According to your textbook, which of the following are not legitimate concerns about an increasing public debt? Check all that apply.

In the diagram, a shift from AS1 to AS2 might be caused by a(n) Exam 3 AS 1.PNG 

Given taxes (T) and government expenditures (G) shown, if full-employment GDP is 500 and actual GDP is 200, what is the actual budget deficit?  Exam 3 different tax graph(1).PNG.png