Which fiscal policy would make a budget surplus smaller or a budget deficit larger? a. an increase in government purchases of goods and services b. lower government transfers c. lower interest rates d. higher taxes

Which fiscal policy would make a budget surplus smaller or a budget deficit larger? a. an increase in government purchases of goods and services b. lower government transfers c. lower interest rates d. higher taxes

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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