Solved

In an Open Economy with Government and Demand-Determined Output,an Increase

Question 31

Multiple Choice

In an open economy with government and demand-determined output,an increase in the equilibrium level of national income could be caused by


A) an increase in taxes at all levels of income.
B) an increase in the desired level of imports at all levels of income.
C) a decrease in desired consumption at all levels of income.
D) a decrease in the desired level of saving at all levels of income.
E) a decrease in government purchases.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions