D Question 11 In the Savings function, S = a + bY, "a" is the intercept and level of: O autonomous savings autonomous co

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D Question 11 In the Savings function, S = a + bY, "a" is the intercept and level of: O autonomous savings autonomous co

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D Question 11 In The Savings Function S A By A Is The Intercept And Level Of O Autonomous Savings Autonomous Co 1
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D Question 11 In The Savings Function S A By A Is The Intercept And Level Of O Autonomous Savings Autonomous Co 2
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D Question 11 In the Savings function, S = a + bY, "a" is the intercept and level of: O autonomous savings autonomous consumtion O induced consumption O induced savings Question 12 A decrease in aggregate demand (ADC+I+G+Xn) will O decrease the vertical intercept of the PES O increase the vertical intercept of the PES O increase the slope of the PES O decrease the slope of the PES 0.5 pts 0.5 pts
A marginal tax cut will increase the slope of the PES O decrease the slope of the PES decrease the vertical intercept of the PES O increase the vertical intercept of the PES Question 14 0.5 pts 1. Which of the four gap scenarios apply under the following circumstances? (Assume the economy is at equilibrium when the policy takes effect.) 2. Why does it apply (please explain the reasoning behind your decision)? 3. Write out the appropriate AD/AS notation (e.g. 0+-+). (Alternatively you can graph out the notional model on a separate sheet of paper and send it to me as an email attachment.) At the September meeting of the Federal Reserve Board, it is decided to raise interest rates by 0.5 percent. Edit View Insert Format Tools Table
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