Refer to Figure 1. The interest rate will fall to 4% if 

An increase in net taxes will 

Refer to Table 1. The equilibrium level of output is ________ billion.

Refer to Figure 1. If the Fed increases the discount rate  

Refer to Table 2. Chile should specialize in and export ________, and Germany should specialize in and export ________.

Essay Question 1: The economy of Bananaland can be characterized by the following equation.                          Consumption function:           C = 6000 + 0.75Yd                         Net Taxes:                                       T = 16000                         Government Spending:           G = 20000                         Planned Investment:                 I = 11000                         Aggregate output at equilibrium Y = 100,000

Refer to Table 1. At an output level of $2,000 billion, there is a tendency for output ________.

Essay question 2.c Refer to Table 4. What are the People’s Bank excess reserves?

Refer to Figure 2. If the demand for money curve shifts from  to  and the interest rate remains at 5%, there will be 

Essay question 1.e To keep the government budget balanced, if both government spending and taxes in Bananaland increase by $1000, what is the change in equilibrium income level?