A $100 million decrease in government expenditures (G) leads to an even larger decrease in aggregate planned expenditures (GDP) because of Question 5Answer a. changes in induced aggregate supply. b. changes in induced consumption. c. the effects of discretionary fiscal policy. d. the effects of automatic fiscal policy.
A $100 million decrease in government expenditures (G) leads to an even larger decrease in aggregate planned expenditures (GDP) because of Question 5Answer a. changes in induced aggregate supply. b. changes in induced consumption. c. the effects of discretionary fiscal policy. d. the effects of automatic fiscal policy.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter30: Government Budgets And Fiscal Policy
Section: Chapter Questions
Problem 38CTQ: Why is spending by the U.S. government on scientific research at NASA fiscal policy while spending...
Related questions
Question
A $100 million decrease in government expenditures (G) leads to an even larger decrease in aggregate planned expenditures (GDP ) because of
Question 5Answer
a.
changes in induced aggregate supply .
b.
changes in induced consumption.
c.
the effects of discretionary fiscal policy.
d.
the effects of automatic fiscal policy.
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