Which of the following is an example of an increase in government purchases?
A) The government builds new roads.
B) The Federal Reserve purchases government bonds.
C) The government decreases personal income taxes.
D) The government increases unemployment insurance benefit payments.
Correct Answer:
Verified
Q7: Figure 34-8 Q8: Suppose an economy's marginal propensity to consume Q11: In a certain economy,when income is $500,consumer Q13: If the multiplier is 5.25,then the MPC Q14: In a certain economy,when income is $1000,consumer Q15: In the long run,fiscal policy influences Q16: Which of the following policy actions shifts Q167: If the MPC = 4/5, then the Q174: If the multiplier is 3, then the Q178: In a certain economy, when income is
A)saving,investment,and growth;in
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