Assuming the economy is operating at equiilibrium predict, Ask an Expert

Economics

Assuming the economy is operating at equiilibrium, predict what happens to the equilibrium price level and quilibrium real GDP as a result. And explain why.

a. preductivity increase

b. an increase in the labor participation rates

c. a significanty lower marginal tax rate

d. an increase in population

e. a decrease in givernment spending

f. an improvement in ecpectations about the future economic outlook.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92202601

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