1 How can a nation simultaneously attain internal and external balance with expenditure changing and expenditure switching policies according to the Swan analysis

Economics Aug 22, 2020

1 How can a nation simultaneously attain internal and external balance with expenditure changing and expenditure switching policies according to the Swan analysis.

If the economy generally consumes 89% of its disposable income, calculate the change in real GDP if the government collects $150 million less in taxes.