Figure 33-13

-Refer to Figure 33-13. Suppose the economy starts at P₃ and Y₂. Explain how government purchases would need to change to move the economy to P₂ and Y₁. What about taxes?

Question

Figure 33-13 -Refer to Figure 33-13. Suppose the economy starts at P₃ and Y₂. Explain how government purchases would need to change to move the economy to P₂ and Y₁. What about taxes?

Quizplus · Accepted Answer

The Answer of Figure 33-13 -Refer to Figure 33-13. Suppose the economy starts at P₃ and Y₂. Explain how government purchases would need to change to move the economy to P₂ and Y₁. What about taxes?

Figure 33-13 ​ ​

Figure 33-13